Elliott count: Combination (W-X-Y-X-Z), Corrective pattern (upward), Z complete (4 of 4 guidelines) · X = 75% of W; Y = 160% of W; X = 61% of Y; Z = 66% of W–Y
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 an upward correction (Z).
Alternative (not drawn): Combination (W-X-Y), Corrective pattern (upward), Y complete (3 of 3 guidelines)
Note: Structure ambiguous: leg W, Y, Z 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 weekly candles; the chart is recalculated every day. Not investment advice. On this timeframe the chart only shows the rule setup (swing detection 2 × 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 (weekly candles).