Initial wave (a) done?
Comment:
not much of change so far
Comment:
triangle (b) or zigzag (b) with a triangle b
Comment:
Fibo 50% or 61.8% re-tracement may defend short-term bulls
Comment:
close to a trend reversal ?
Comment:
previous alter count won
Comment:
bearish assumption
Comment:
expanded flat still possible
Comment:
Comment:
Comment:
it seems wave (b) has some unfinished business
Comment:
triangle x or flat b ?
Comment:
could be another c of (b) up
Comment:
could be a complex (b) wave
Comment:
the short-term decline is getting sharper, maybe wave (b) or (ii) is done
Comment:
the short-term picture is not very clear, could be more sideways
Comment:
well, if this is truly a bearish structure, we should see lower degree consolidations that may allow us to join with bears
Comment:
Comment:
still expecting wave (c) decline
Comment:
The triangle (b) wave is no longer valid as DAX made a new high today
This left us with 3 possible scenarios:
- Expanded Flat wave 4
- Running Triangle wave 4
- Extended wave 3
This left us with 3 possible scenarios:
- Expanded Flat wave 4
- Running Triangle wave 4
- Extended wave 3
Comment:
bearish flag short set up
Comment:
Comment:
Comment:
green wave {C} is about 2 times the length of green wave {A}, probably a good time to take the profit
Comment:
potential (i)-(ii)-i-ii count
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email:info@ewc.space
Email:info@ewc.space