One of the counts that I like the most is the Triangle for this Doji Month. What deifnes better a Doji than a Classical Elliot wave Triangle?
In this case wave A fits very well with the guidelines as wave C is 0,68 the length of wave A. Wave B of the triangle is the most controversial as doesn't fit well within the guidelines at naked eye but you can force a previous Expanded flat that could do the trick in nature.
Wave C also fits well with fibonacci guidelines and looks pretty solid.
Wave D is in progress and the first move looks promising. We have to see a rejection when wave D is complete for a final wave E.
As triangles appear as single structures or in B position, I tend to think that we will see an impulse or a three waves up when finsished.
Have to say that this is pretty unlikely specially for this B wave, but I understand the nature of Elliot wave counts and patterns as a way to understand sentiment rather than a way to trade.
Hope it helps.
In this case wave A fits very well with the guidelines as wave C is 0,68 the length of wave A. Wave B of the triangle is the most controversial as doesn't fit well within the guidelines at naked eye but you can force a previous Expanded flat that could do the trick in nature.
Wave C also fits well with fibonacci guidelines and looks pretty solid.
Wave D is in progress and the first move looks promising. We have to see a rejection when wave D is complete for a final wave E.
As triangles appear as single structures or in B position, I tend to think that we will see an impulse or a three waves up when finsished.
Have to say that this is pretty unlikely specially for this B wave, but I understand the nature of Elliot wave counts and patterns as a way to understand sentiment rather than a way to trade.
Hope it helps.
Not
Oops! the 3111.69 target was hit faster than expected. Are we only missing E ? Time will validate or invalidate ;-)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.