Hi
This analysis is a combination of Elliott waves and Elliott and harmonic patterns.
According to this analysis, the atrium is in a corrective phase.
The correction pattern is a large flat that is shown with A,B,C waves.
The C wave consists of 5 Elliot waves, which waves 1, 2, 3 and 4 are formed and it will have the 5th wave.
I guess Wave 5 (of the wave C) will end with the Shark pattern OR hitting the end of the drawn channel.
At the end of the wave C in the areas marked on the chart,flat pattern is completed and we will have a new trend(Uptrend)
This analysis is a combination of Elliott waves and Elliott and harmonic patterns.
According to this analysis, the atrium is in a corrective phase.
The correction pattern is a large flat that is shown with A,B,C waves.
The C wave consists of 5 Elliot waves, which waves 1, 2, 3 and 4 are formed and it will have the 5th wave.
I guess Wave 5 (of the wave C) will end with the Shark pattern OR hitting the end of the drawn channel.
At the end of the wave C in the areas marked on the chart,flat pattern is completed and we will have a new trend(Uptrend)
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Mahsamahdavi_trader
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