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LINK – Elliott Wave Breakdown (4H Chart)
Current structure still fits a W–X–Y corrective decline, but we’re now approaching a critical trigger level. A clean punch through the blue trendline = buy signal. 🎯
🟦 What the structure shows:
🔻 Wave W complete:
• Clear a–b–c zigzag
• Strong reaction into the X connector
🔷 Wave X at the mid-channel zone:
• Acts as the next major upside target if we break out
• Provides structural symmetry between W and Y
🔻 Wave Y in progress:
• Again forming a–b–c
• C-leg looks terminal, aligning with channel support
📉 Price is compressing under the descending blue trendline (b-wave resistance of Y)
🚀 Trade trigger:
A decisive breakout above the blue trendline = start of the next impulsive leg
Upside target: the region around the prior X high
That zone is both:
• 🔹 Structural retracement
• 🔹 Upper channel magnet
• 🔹 Ideal first take-profit region
📌 Summary:
Break the blue line ➜ bullish confirmation ➜ target = X-level.
Still corrective, but the next impulse is close. ⚡
Current structure still fits a W–X–Y corrective decline, but we’re now approaching a critical trigger level. A clean punch through the blue trendline = buy signal. 🎯
🟦 What the structure shows:
🔻 Wave W complete:
• Clear a–b–c zigzag
• Strong reaction into the X connector
🔷 Wave X at the mid-channel zone:
• Acts as the next major upside target if we break out
• Provides structural symmetry between W and Y
🔻 Wave Y in progress:
• Again forming a–b–c
• C-leg looks terminal, aligning with channel support
📉 Price is compressing under the descending blue trendline (b-wave resistance of Y)
🚀 Trade trigger:
A decisive breakout above the blue trendline = start of the next impulsive leg
Upside target: the region around the prior X high
That zone is both:
• 🔹 Structural retracement
• 🔹 Upper channel magnet
• 🔹 Ideal first take-profit region
📌 Summary:
Break the blue line ➜ bullish confirmation ➜ target = X-level.
Still corrective, but the next impulse is close. ⚡
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
