As we can see here on this Weekly chart, we have a very clean impulsive wave 1-2-3-4-5 to the upside completing wave (I).
And then market retraces forming a Zigzag correction for Wave (II).
When can we buy? When Wave c of the Zigzag inner waves count is finished.
Please see Daily chart for a 1-2-3-4-5 sub-waves count of the Ending Diagonal.
When the count is finished, it's finished. It should be ready for the next impulsive move Wave (III).
How can we be certain if this correction is not Wave IV? It's already overlaping with Wave I, according to Elliot Wave's law, Wave 4 cannot overlap with Wave 1.
Hence honey, it's certain it is supercycle Wave (II).
And then market retraces forming a Zigzag correction for Wave (II).
When can we buy? When Wave c of the Zigzag inner waves count is finished.
Please see Daily chart for a 1-2-3-4-5 sub-waves count of the Ending Diagonal.
When the count is finished, it's finished. It should be ready for the next impulsive move Wave (III).
How can we be certain if this correction is not Wave IV? It's already overlaping with Wave I, according to Elliot Wave's law, Wave 4 cannot overlap with Wave 1.
Hence honey, it's certain it is supercycle Wave (II).
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.