Elliott count: Flat (type known only after C), Corrective pattern (upward), C in progress (3 of 3 guidelines) · B = 129% of A; C = 112% of A
Alternative (not drawn): Impulse, Impulse pattern (downward), Wave 2 in progress (1 of 3 guidelines)
Note: Flat type (regular, expanded, running) can only be decided once C is complete.
Note: Structure ambiguous: leg A, B 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.
No buy zone of the rule on this timeframe – the chart shows only the Elliott count from the completed weekly candles (recalculated every day). 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.