🍎 AAPL 4H — Nested Structure or Final Diagonal?
In this update, the main focus is on the current price structure and what the market needs to show to confirm the wave count.
The aggressive scenario is currently focused on a nested structure across two degrees:
1-2 / 1-2
In this interpretation, the current decline could be a three-wave corrective structure. If this decline completes in three waves and price then begins to advance again, that behavior could provide important confirmation of the nested 1-2 / 1-2 structure.
At the same time, the proportion and equality between these two structures could also support the possibility of an Expanded Leading Diagonal.
So for now, there is no need to make a final choice between these possibilities. What matters most is the Price Action and the development of the lower-degree subdivisions.
If we see another decline and that decline develops as a three-wave structure, the 1-2 / 1-2 scenario gains more credibility and could set the stage for a stronger advance of Wave 3.
The conservative scenario follows a different path.
Here, we assume that price is developing an Expanded Ending Diagonal. In this case, the current decline could continue, followed by the final wave of the ending diagonal.
An interesting point is that the appearance of the structure can also depend on the type of chart being used. On the Arithmetic chart, the structure may appear as an Expanded Ending Diagonal, while on the Logarithmic chart, due to the different price scale and Fibonacci relationships, the same movement may look more like a Converging Leading Diagonal.
So for now, we have a roadmap, not a fixed prediction.
Price action, Fibonacci relationships, and the completion of lower-degree waves will tell us which path is actually developing.
For now, I am focusing on the aggressive scenario and allowing the market to reveal the structure on its own. If the structure changes, our wave count must change with it.
This is where the Wave Principle really becomes meaningful:
We don't force the market to follow our count.
We learn to read the structure the market is actually creating.
Patterns whisper… and I listen.
— Mr. Nobody
Apple Inc
yesterday
AAPL: The Final Wave III?
In this update, the main focus is on the current price structure and what the market needs to show to confirm the wave count.
The aggressive scenario is currently focused on a nested structure across two degrees:
1-2 / 1-2
In this interpretation, the current decline could be a three-wave corrective structure. If this decline completes in three waves and price then begins to advance again, that behavior could provide important confirmation of the nested 1-2 / 1-2 structure.
At the same time, the proportion and equality between these two structures could also support the possibility of an Expanded Leading Diagonal.
So for now, there is no need to make a final choice between these possibilities. What matters most is the Price Action and the development of the lower-degree subdivisions.
If we see another decline and that decline develops as a three-wave structure, the 1-2 / 1-2 scenario gains more credibility and could set the stage for a stronger advance of Wave 3.
The conservative scenario follows a different path.
Here, we assume that price is developing an Expanded Ending Diagonal. In this case, the current decline could continue, followed by the final wave of the ending diagonal.
An interesting point is that the appearance of the structure can also depend on the type of chart being used. On the Arithmetic chart, the structure may appear as an Expanded Ending Diagonal, while on the Logarithmic chart, due to the different price scale and Fibonacci relationships, the same movement may look more like a Converging Leading Diagonal.
So for now, we have a roadmap, not a fixed prediction.
Price action, Fibonacci relationships, and the completion of lower-degree waves will tell us which path is actually developing.
For now, I am focusing on the aggressive scenario and allowing the market to reveal the structure on its own. If the structure changes, our wave count must change with it.
This is where the Wave Principle really becomes meaningful:
We don't force the market to follow our count.
We learn to read the structure the market is actually creating.
Patterns whisper… and I listen.
— Mr. Nobody
Apple Inc
yesterday
AAPL: The Final Wave III?
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Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.