The Bearish Alt Count

This is my alt count if my bull count is wrong. Would not be a fun week or two if this plays out
no offense, but I think that a downtrend reversal is ABC, not 12345. There could be inner 12345 within the A and C legs though. And an inner ABC inside the larger B wave. I think they call that 5-3-5. What you represent as wave 4 seems to be failed the wave X of a double ABC pattern. A double ABC correction may be unfolding and we are heading into the leg A of the second ABC cycle. Typically double ABC corrections are it. A triple ABC is very rare. I'm no expert in this, but I'm in the process of studying Eliott waves from a book and wanted to share my thoughts. pls don't take my input the wrong way.
k6 Artesp
@Artesp, no offense taken! I enjoy constructive critique. Its too early to say for certain if the reversal is ABC, we need more price action. It certainly could be. We should be able to make a better call two days from now. This comes back to if you think the original macro impulse down completed 5 waves at all. I only count 4 if my bear count is correct. Again, you're scenario is perfectly plausible, but there is no evidence to disqualify the count i have either. That's why a lot of people aren't trading right now. Its not very clear right now, there are at least three possible ways to count this (from a macro sense).
k6 Artesp
@Artesp, just re-read what you said, downtrend reversals are not always ABC, they can reverse into an impulse.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出