Overview: first, let's see what was our expectation on the update of yesterday:
"Today we made lower low than yesterday daily candle, but both times it lead to strong bounces. Looking at the hourly chart, I think we have completed wave (I) and wave (II) is actually developing as a flat, with its wave b also as a flat. What follows is the continuation of the rally to complete wave c of (II) and then bear elevator comes with wave (III)."
Two hours after market open, I made a relabeling and refined my count as follows:

Update: The price action followed the updated count perfectly. Right now, we are in wave 3 of a of (III). Note that we had a shallow wave (II), which could lead to a deep wave b of (III) or wave (IV), but that's something to worry about later.

"Today we made lower low than yesterday daily candle, but both times it lead to strong bounces. Looking at the hourly chart, I think we have completed wave (I) and wave (II) is actually developing as a flat, with its wave b also as a flat. What follows is the continuation of the rally to complete wave c of (II) and then bear elevator comes with wave (III)."
Two hours after market open, I made a relabeling and refined my count as follows:
Update: The price action followed the updated count perfectly. Right now, we are in wave 3 of a of (III). Note that we had a shallow wave (II), which could lead to a deep wave b of (III) or wave (IV), but that's something to worry about later.
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
