There's a wedge pattern (leading diagonal triangle) in wave A. So, wave B is likely going to end soon, which means we could have another bearish wave soon
04/16 - Daily wave 4 with 1090 target to start wave 5 back up. Most likely outcome considering the abc correction of the 4hr count. Great analysis.
UnknownUnicorn902959
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iv of A goes in the ii of A territory
iii of A isnt an impulse
cryptoezvip
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@Eudoxiu, agreed. Perhaps iii, iv and v of A should be counted as zigzag?
UnknownUnicorn902959
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@bibboyne,
zigzag abc a and c should be impulses, not the case here
v of 5 its too short time wise, also there is an alternation which is seen during the last 2 years in the corrections and this makes me think that the correct structure has from iii of 5 till v of A a corrective, some sort of an irregular one, bcs of that high over your iii of 5.
so Mar 3 -24 a correction.
cryptoezvip
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@Eudoxiu, I would say v of 5 is valid despite an irregular one. As for i, ii, iii, iv and v of A, it makes more sense if they are a, b, c, d and e of a falling wedge.