Elliott count: Impulse (W5 extended), Impulse pattern (upward), Wave 5 complete (4 of 7 guidelines) · W2 = 79% of W1; W3 = 192% of W1
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.
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 5. Under the Elliott rules, a completed impulse is followed by a correction (A-B-C) first.
Alternative (not drawn): Zigzag (A-B-C), Corrective pattern (upward), C complete (1 of 2 guidelines)
Note: W5 extended.
Note: Alternation of W2 and W4 not checked.
Note: Structure ambiguous: leg W1 can also be read as three- or five-part.
Note: Structure open: leg W3, W4 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.
Automated analysis (rule-based): the rule calculates waves and Fibonacci levels from the completed daily candles; the chart is recalculated every day. Not investment advice. On this timeframe the chart only shows the rule setup (swing detection 3 × ATR) – the rule itself works on 4-hour candles. Axis and values: distance from the top of the buy zone in %, no prices. Fibonacci measured logarithmically (large rise).