Short Term Bearish : Bearish wave B is in progress of a a bullish ABC zigzag correction which forms wave 4 Medium Term Bullish : bullish wave 4 is in progress Long Term bearish to form the last bearish impulsive wave 5
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@mazchaudhry, So what is the problem in my count ? it's the same with some difference between you and me , however we both share the same outlook !!!
here is the weekly chart
Sir , Do not rush into reckless responses otherwise I will report you ! show some respect and analysis flexibility with others in this community !
Elliot_Wave_Reloaded
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Dear , Do not know who is your teacher and from where did you learned this type of wave formation , It is Wave 4 on Monthly chart . and your implementation on Lower charts is totally wrong .
MohamedMagdy
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@mazchaudhry, It's clear that in my daily chart this is wave 4 !!!
And i don't know either who is your teacher who did learn you that wave 3 to be the shortest between the two impulsive waves 1 and 5 as shown in your chart below !!! and then you are posting here an annoying reply to correct for me :D .. Anyway , Thanks and good luck with your great implementation of Elliot theory :)))
Invalidation Level is 1.20000
tradingview.com/chart/CGRUtxA5/