Elliott count: Impulse, Impulse pattern (downward), Wave 3 in progress (2 of 3 guidelines) · W2 = 60% of W1; W3 = 212% 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.
Note: Structure ambiguous: leg W1 can also be read as three- or five-part.
Note: Structure open: leg W2 cannot be broken down into sub-waves on this timeframe – provisional, check the count yourself on the chart.
Note: Count questionable: C in progress at 212% (C of A, limit 161.8%).
Note: Count questionable: Y in progress at 212% (Y of W, limit 161.8%).
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.