-We may see a fall towards fibo 1 or even lower.
- More confirmation below the apex of triangle.
guidelines of flat.
Wave B usually retraces between 100 and 138 percent of wave A.
Wave C is usually between 100 and 165 percent as long as wave A.
Wave C usually ends beyond the end of wave A.
FTT has rallied then declined in a 5-3 Elliott wave pattern.
In Elliott wave terms, when you have a five-wave advance followed by a three-wave decline, most times, it is followed by another five-wave advance.
From June 2021 to the Sept 2021 high, prices rallied in a five-wave impulse pattern. Then from September 2021 to the December 2021 low, a three-wave...
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Full count last wave for up ....
In this time wave 4 green is flat / correction / running or expanded, because wave 2 green is zig zag.
Full count Elliott wave 1 W -12 H and 4 H time frame
1. 4 H - time frame - bear divergence for wave iv - yellow / next wave iv - yellow - drop price /
2. 4 H - time frame - bear divergence for wave 3 white and wave 5 white, for finish wave iii - yellow, wave v - blue and wave 5 white / next wave iv - yellow - drop price /
3. 4 H - time frame - wave 5 white -...
