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Tuesday, June 9, 2020

Elliott Wave Intraday Waves ~ 9 June 2020

Perhaps a wave [iv] triangle is forming.
Remember the immediate goal is to identify the peak of wave C or 3, whichever is the case.

We have some competing squiggles, most imply basically the same thing in the end. There are other variations of where to put subwaves but these are the best so far not in any necessary order of preference to be honest.

High sideways wave [iv] chop?
Deep dip wave [iv] into the gap up? This depends if we need to play out Minor 4 then 5. If Minor 4, then gap would probably not fill until Minor 4.
Yes there is a "top" count also. buyer beware.

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