Elliott count: Combination (W-X-Y-X-Z), Corrective pattern (upward), Z complete (2 of 4 guidelines) · X = 66% of W; Y = 172% of W; X = 82% of Y; Z = 14% of W–Y
provisional count The inner sub-waves cannot be seen on this timeframe – the hard Elliott rules are met, the internal structure remains open. Provisional – check the count yourself on the chart.
Position: Position unclear (the correction reaches into wave 1 territory, so not wave 4)
Alternative (not drawn): Zigzag (A-B-C), Corrective pattern (downward), C in progress (1 of 2 guidelines)
Before (drawn faintly): Impulse, Wave 3 complete
Note: Z truncated.
Note: Structure ambiguous: leg X, X can also be read as three- or five-part.
Note: Structure open: leg Z cannot be broken down into sub-waves on this timeframe – provisional, check the count yourself on the chart.
Elliott count calculated automatically by fixed Elliott rules, not investment advice – display only, our buy zones do not use it. Provisional: The count can change with new candles.
No buy zone of the rule on this timeframe – the chart shows only the Elliott count from the completed daily candles (recalculated every hour). Not a recommendation, not investment advice. Without a buy zone there is no reference for percentages – so no value axis and no prices; measurements are ratios of wave lengths.