DURATION in Elliott Waves theory is a complex subject with many different studies that sometimes look over complicated to me. Wave (iv) seems a little too short there in my opinion and we've also got the weekend coming ahead but this not my major assumption.
MAJOR ASSUMPTION: The 23.6% retracement level wasn't reached, then I assume that the move isn't over and therefore we are probably in a more complex figure than I initially thought.
🔹WXY = With W being a running Flat (In that case the 23.6% could be reach)
or
🔹Running Triangle = ABCDE (A triangle doesn't have to reach the 23.6% target)
MAJOR ASSUMPTION: The 23.6% retracement level wasn't reached, then I assume that the move isn't over and therefore we are probably in a more complex figure than I initially thought.
🔹WXY = With W being a running Flat (In that case the 23.6% could be reach)
or
🔹Running Triangle = ABCDE (A triangle doesn't have to reach the 23.6% target)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.