I spent the last few weeks out of trading as I attempted to identify the start of an ending diagonal based on what I saw on lower timeframes in anticipation of the [A[]][B[]][C[]] flat. With the decline that happened last week, I am now open to three alternatives.
Black Labels [A[]][B[]][C[]]. Wave [C[]] is an expanding diagonal with wave b already completed. Expanding diagonal case looks stretched to my eye.
Colour labels - base case. We have just completed wave (2) of the contracting diagonal. It looks a bit too deep, though. Wave [C[]] dwarfs wave [A[]]. Not good.
The orange case is expanding diagonal and is in its final stage. Again wave [C[]] looks disproportionally big to wave [A[]].
Neither is perfect.
Black Labels [A[]][B[]][C[]]. Wave [C[]] is an expanding diagonal with wave b already completed. Expanding diagonal case looks stretched to my eye.
Colour labels - base case. We have just completed wave (2) of the contracting diagonal. It looks a bit too deep, though. Wave [C[]] dwarfs wave [A[]]. Not good.
The orange case is expanding diagonal and is in its final stage. Again wave [C[]] looks disproportionally big to wave [A[]].
Neither is perfect.
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➡️t.me/charta_energeia — regular Elliott Wave and trend analysis on Oil, Gas, and Crypto.
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。