This scenario states that after completing the impulsive 5 waves (cyan) to complete wave A-red, price retraced 90% in Elliottewave WXYXZ-cyan pattern to complete wave B-red and now we've began the 5-wave (cyan) for wave C.
Note that the corrective wave A & B (red) could be impulsive wave 1 & 2
Note that the corrective wave A & B (red) could be impulsive wave 1 & 2
Note
since this scenario came through for Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.