As per the chart, we are in currently a massive bull flag awaiting starting of the highest degree of wave 3.
Putting it simply, I would not be suprised if this is the moment we have been waiting for.
The next lowest wave of degree is a count of C, which looks like a flat, with the final wave C with 5 subwaves which will retract to around the previous 4.
The...
I've attempted a few of these now, however I believe the counting on this is more precise.
I wanted to find out where we potentially are right now, to indicate when we will enter the bullish run dictated by the yellow assuming we are in wave 2 at the moment of the main wave, and expect 3 to start (3 is the bull run)..
Yellow Waves:
Main waves and largest of...
Finishing off my previous chart of Elliott Wave including heavy resistance lines. However, if the first resistance line breaks, expect a large 3rd wave to break towards the lowest resistance. I expect bullish flags to form after each scenario.