Probability of a running double three ?

4 de mar. de 2023

It may be premature to label this wave count as a running double three Elliott wave, the former three is a flat, the latter three may be a flat or a triangle. The (X) wave does not behave as an impulse wave, hence the reason for labelling it as a (X) wave. If this count is correct, the next wave, wave 3, will be an impulse wave of at least 1.618 of wave 1. We will see if this analysis turns out as it is. Time will tell.