Analysis and detailed study of corrective Wave B on Weekly chart. Please refer weekly chart Elliot Wave counting from my ideas posted 2 days ago or from the below link. The above analysis is done in 180 min chart. Details already mentioned on the chart. Zoom in/out to see the clear analysis. This is a breakdown of wave B to complete the same wave and to start Wave C. This will help you to take off position and or re-enter a upmove.
PLEASE NOTE, each wave of each degree is counted with relation to Fibonacci numbers, trend line and horizontal SAR. All the rules/guidelines of EWT are followed for the analysis. The waves may or may not show exact movement as predicted. Please be cautious while taking a position. Always analysis using multiple time frame before taking a position.
Any suggestion/feedback/criticism/healthy debate are welcome. Appreciation, support and few likes are most welcome. :)