Elliott count: Triangle (contracting, symmetrical), Corrective pattern (downward), e in progress (3 of 4 guidelines) · b = 98% of a; c = 59% of b; d = 58% of c; e = 53% of d
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 countermove d in a triangle.
Position: Position not clear (allowed in wave 4, B or X)
Alternative (not drawn): Combination (W-X-Y), Corrective pattern (upward), Y complete (1 of 3 guidelines)
Note: e runs beyond the a–c line (allowed).
Note: Structure ambiguous: leg c, d 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).