Elliott count: Impulse, Impulse pattern (upward), Wave 5 complete (4 of 7 guidelines) · W2 = 65% of W1; W3 = 177% of W1 (reaches further back than the chart section, so shown as text only)
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.
Alternative (not drawn): Combination (W-X-Y-X-Z), Corrective pattern (upward), Z complete (2 of 4 guidelines)
Note: Truncation: W5 ends below the end of W3 (an exception, do not trade on it).
Note: Alternation of W2 and W4 not checked.
Note: Structure ambiguous: leg W1, W2, W3, W4 can also be read as three- or five-part.
Note: Structure open: leg W5 cannot be broken down into sub-waves on this timeframe – provisional, check the count yourself on the chart.
Note: Retracement at least 88.7% of A: flat possible (B in progress, type only with C).
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 4-hour candles; the chart is recalculated every hour. Not investment advice. Axis and values: distance from the top of the buy zone in %, no prices.