Elliott count: Nested combination, Corrective pattern (upward), Z in progress (2 of 3 guidelines) · X = 48% of W; Y = 160% of W; X = 24% of Y; Z = 42% of W–Y
smaller wave degree Smaller wave degree: more sensitive turning-point detection, because no count fits at the usual degree – it describes shorter swings. Provisional – check the count yourself on the chart.
Alternative (not drawn): Zigzag (A-B-C), Corrective pattern (upward), C in progress (1 of 2 guidelines)
Note: Nested: leg W is itself a combination, its X is 75.9% (at most 88.7%).
Note: Structure ambiguous: leg Y 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.
No buy zone of the rule on this timeframe – the chart shows only the Elliott count from the completed hourly 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.