We all know where 0 starts at the top.
And end of cycle wave I is also clear.
But then wave III needs to be the biggest, and the only way I can count that is dividing it again in 5 primary waves with the 5th one still to come and a new low.
Anyone can count different?
Looking forward to a more positive wave count analysis.
just a start to be improved with...
CYCLE (light blue) WAVE III ENDS WHERE ? to comply with the rules:
- when Primary (green) wave 5 ends by the end of Intermediate (dark blue) wave 5 by the end of Minor (yellow) wave 5
- It looks like Cycle wave III will be shorter in % then wave I (0,56$ till 8,40$) and below top of I @ 8,40$ THIS IS BREAKING OF ELLIOTT RULE 3.
PRIMARY WAVES in green OF WAVE...
From Cycle waves to intermediate, BLDP is following Elliott rules exactly! Up to the extension I drew 05-10-17 that had to break out 06-10-17 to be valid and it did +7% = We are now in last stage with extension to...
I drew a full Eliott wave on the long term chart on BLDP, the big Cycle waves can be seen here:
we are in Cycle wave III now.
of this Cycle wave III, here are the 5 Primary waves:
we are in the last Primary wave 5.
On the hourly chart of Primary wave 5, are the...