We are seeing "nested waves 1 and 2", a lot of them. This is preparation for the bullmarket. No bearish momentum visible at all. It's now super stable. My last two predictions were 90% correct, so this should be good as well... enjoy.
the XYZ you have labeled is a 5 wave move. the final wave (Z) should be in a 3 wave structure but instead it was an impulse.
So 3 wave structure is not done but just starting.
EW-FAN
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@Elliot618, No It's not. Z is A, triangle B, C. I counted this like 100 times, every subwave down to the 1min chart. It's valid.
Elliot618
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@EW-FAN, share a screenshot because if i understand you correctly then your wave lengths will be very out of proportion
EW-FAN
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@EW-FAN, And Y is also ABC. Totally regular stuff. But as always, 3 Elliotticians, 3 different opinons.
See you on the moon.
I have 8 years experience in wave theory, how much do you have?
So 3 wave structure is not done but just starting.