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업데이트됨

Wave counts & targets for expanded flat correction consideration

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There are numerous wave counts for the recent correction. Many traders are all viewing it with different perspective and counts. One of the count that I think is quite possible, is the expanded flat where corrective wave B positions higher than the wave 5. Usually for this type of correction, the waves tend to form 3-3-5 instead of 5-3-5 zigzag structure. The structure can be considered as extended correction as long as wave B is less than 1.382 of wave A. If we get extended sub-wave 5, we are most likely to reach $8,200~$8,300.

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스냅샷

For the expanded flat correction, we usually target wave C by extending wave A by 1.618 on the start of wave b. In this case it would be $8,100
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