©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation).
The context suggests that we are inside the 4-grey wave, as the 3-grey wave ended at the high of 2,801.2.
The 4H chart shows that we are inside the 4th wave in grey, based on some data on the current price action, it looks like a Sidewaves pattern and is narrowing over time. So it suggests to me the view of an unfolding Triangle.
The ((d))-navy wave is probably close to completing its role by creating the resistance level ((b)),((d))-navy, but this view is not strong, so at the moment in gold, there are at least several different wave counts at work at the same time.
Let's look at the alternative view of ALT, which also shows that the 4-grey wave is not showing any signs of ending, but instead developing as a Flat, its ((b))-navy wave will move higher.
The context suggests that we are inside the 4-grey wave, as the 3-grey wave ended at the high of 2,801.2.
The 4H chart shows that we are inside the 4th wave in grey, based on some data on the current price action, it looks like a Sidewaves pattern and is narrowing over time. So it suggests to me the view of an unfolding Triangle.
The ((d))-navy wave is probably close to completing its role by creating the resistance level ((b)),((d))-navy, but this view is not strong, so at the moment in gold, there are at least several different wave counts at work at the same time.
Let's look at the alternative view of ALT, which also shows that the 4-grey wave is not showing any signs of ending, but instead developing as a Flat, its ((b))-navy wave will move higher.
면책사항
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.