Elliott count: Impulse, Impulse pattern (upward), Wave 3 complete (2 of 3 guidelines) · W2 = 52% of W1; W3 = 213% of W1
Comparison: The rule treats the last rise as the possible start of an upward impulse (without checking its history and structure). The Elliott count reads it as the end of wave 3.
Alternative (not drawn): Double zigzag (W-X-Y), Corrective pattern (upward), Y complete (2 of 3 guidelines)
Note: Structure ambiguous: leg W1, W3 can also be read as three- or five-part.
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.
Automated analysis (rule-based): the rule calculates waves and Fibonacci levels from the completed hourly candles; the chart is recalculated every hour. Not investment advice. On this timeframe the chart only shows the rule setup (swing detection 4 × ATR) – the rule itself works on 4-hour candles. Axis and values: distance from the top of the buy zone in %, no prices.