C is an impulse . This normally happens when wave B is a triangle . Regards
See the sharp move after completing of of the ED . Regards
Explained in the chart . Regards
Described in the chart
Let the price action prove it . Regards
Described in the chart . Regards
Explained in the chart . Regards
Described in the chart .
Explained in the chart . Just buy the dip . Regards
Expecting a small pullback in form of wave iv of lesser degree before the extended wave 3 resumes again . Wave count Elliott channel Fibonacci all have to be in sync if the wave count is to be a high probability correct count .
Elliot wave is essentially a trend channel technique provided the counts are correct. Regards
The bottom does not seem to be there in the counter . It will start looking really scary if it starts going below 134 levels as then the decline would become impulsive rather that completion of ABC .
Described in the chart . But it is contained within a parallel channel seems corrective . Question is whether we will have a 5th wave down as shown and it breaks the lower channel .Till theh fingers crossed . Kindly notice in the sub waves when ever a diagonal comes corrections are sharp and deep. 10721-724 are key levels for a bullish count . Regards
Describes in the chart
All my imagination described in the chart . Look out when wave c = .618 of wave a . and when the channel is broken for the wave c.
Correction from diagonals are sharp and deep
All described in the chart .
Even if the alternate count is bullish the short term trend seems to be down . Kindly refer to bearish count sent earlier .