Elliott count: Flat (type known only after C), Corrective pattern (upward), C in progress (2 of 3 guidelines) · B = 91% of A; C = 137% of A
Position: Wave 4 (after waves 1–2–3)
Alternative (not drawn): Combination (W-X-Y-X-Z), Corrective pattern (downward), Z complete (1 of 4 guidelines)
Before (drawn faintly): Impulse, Wave 3 complete
Note: Flat type (regular, expanded, running) can only be decided once C is complete.
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.
No buy zone of the rule on this timeframe – the chart shows only the Elliott count from the completed 4-hour 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.