Expecting another decline to complete the corrective pattern
if this count were correct, we could see another yellow wave {c} decline to complete wave 4 correction.
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gap down & island reversal
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short-term pattern looks like a double zigzag for wave {c}
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if that's the case, wave 4 could be a triangle
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break above 30329.1 should suggest wave {c} is in place
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triangle in the making ?
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although triangle 4 met the minimum structural requirement, it seems blue sub wave {d} is too simple, i doubt about my blue wave count
maybe another wave up to complete {d] then modest decline for {e} again
although triangle 4 met the minimum structural requirement, it seems blue sub wave {d} is too simple, i doubt about my blue wave count
maybe another wave up to complete {d] then modest decline for {e} again
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break above wave {b} high of 31978.1 should completely eliminate the alternative wave {d} count
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Preferred count in blue alter count in grey
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break above blue wave {b} high of 31978.1 would eliminate the alter count
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zigzag a-b-c, where b wave is a triangle
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wave 4 done?
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alternative bearish count in red
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wave 4 could be ended near 38.2% retracement level
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a leading diagonal for sub wave {i} of 5?
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wave c almost done?
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
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