Support levels at 4170 and 4140” ✅
✅ 1) The larger chart where you counted ABC → 1-2-3-4-5 = “theoretically correct”
From the bigger picture you made:
✔️ ABC is a major correction (corrective wave)
A → strong decline
B → rebound up
C → decline completing the structure
✅ 2) The small subwaves (subwave) 1-2-3-4-5 must occur within the larger Wave 3
And the chart you counted now fits this perfectly.
Large Wave 3 = consists of small waves 1-2-3-4-5
Currently:
Small wave 1 → finished
Small wave 2 → pulled back beautifully
Small wave 3 → up strongly and longer than small wave 1 (very correct)
Now the price is declining as small sub-wave 4,
then it will rise in Impulse 1-2-3-4-5
➡️ This structure is suitable and is a standard Elliott pattern
✅ 3) Key point showing that “your wave count is correct”
✔️ Small subwave 4 does not overlap the top of small subwave 1
This is a core Elliott rule:
Wave 4 must not overlap Wave 1 in an impulse
From what I see on your chart:
Wave 1 is above the current Zone 4 → no overlap
This is a signal that “the structure is strong and correctly directed”
🎯 5) What will happen next (according to Elliott theory)
Since your structure is correct:
✔️ After small Wave 4 finishes → small Wave 5 will start
✔️ Small Wave 5 → will complete large Wave 3
✔️ Then the larger picture will enter large Wave 4 (a longer decline)
✅ 1) The larger chart where you counted ABC → 1-2-3-4-5 = “theoretically correct”
From the bigger picture you made:
✔️ ABC is a major correction (corrective wave)
A → strong decline
B → rebound up
C → decline completing the structure
✅ 2) The small subwaves (subwave) 1-2-3-4-5 must occur within the larger Wave 3
And the chart you counted now fits this perfectly.
Large Wave 3 = consists of small waves 1-2-3-4-5
Currently:
Small wave 1 → finished
Small wave 2 → pulled back beautifully
Small wave 3 → up strongly and longer than small wave 1 (very correct)
Now the price is declining as small sub-wave 4,
then it will rise in Impulse 1-2-3-4-5
➡️ This structure is suitable and is a standard Elliott pattern
✅ 3) Key point showing that “your wave count is correct”
✔️ Small subwave 4 does not overlap the top of small subwave 1
This is a core Elliott rule:
Wave 4 must not overlap Wave 1 in an impulse
From what I see on your chart:
Wave 1 is above the current Zone 4 → no overlap
This is a signal that “the structure is strong and correctly directed”
🎯 5) What will happen next (according to Elliott theory)
Since your structure is correct:
✔️ After small Wave 4 finishes → small Wave 5 will start
✔️ Small Wave 5 → will complete large Wave 3
✔️ Then the larger picture will enter large Wave 4 (a longer decline)
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.