We may be in wave 4. I don't show the reason for red and black very clearly.
Red = 1-5 small impulse down ending retrace completely in Y (or C if you will) and wave 4.
Black = 1-5 to A, then a B and C. And then retrace ends ends Y and wave 4.
Red = 1-5 small impulse down ending retrace completely in Y (or C if you will) and wave 4.
Black = 1-5 to A, then a B and C. And then retrace ends ends Y and wave 4.
Note
I'm not an Elliot wave pro, so take it with a grain of salt.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.