I consider this pair is (A)-(B)-(C) structure.
Wave (B) is now in progress and possibly fractal of wave A in itself.
Wave A (in subdivided ((a))-((b))-((c)) 3-3-5 Flat structure)
((0)) = 109.205
((a)) = 118.464
((b)) = 112.083
((c)) = 124.094
((a))-((0)) : ((c))-((b)) = 9.259 : 12.011
≒ 1 : 1.297
1.297 times.
Wave ((c)) is 1.297 times as high as Wave ((a)).
Wave (B) (in subdivided A-B-C 3-3-5 Flat structure)
0 = 109.205
A = 124.094
B = 114.851
C ≒ B+1.297(A-0)
= 114.851+1.297(124.094-109.205)
= 134.162
134.162 is near the Fibonacci 0.618 level from 149.787 to 109.205 in Wave(A).
Short! 134.00∼134.50
Wave (B) is now in progress and possibly fractal of wave A in itself.
Wave A (in subdivided ((a))-((b))-((c)) 3-3-5 Flat structure)
((0)) = 109.205
((a)) = 118.464
((b)) = 112.083
((c)) = 124.094
((a))-((0)) : ((c))-((b)) = 9.259 : 12.011
≒ 1 : 1.297
1.297 times.
Wave ((c)) is 1.297 times as high as Wave ((a)).
Wave (B) (in subdivided A-B-C 3-3-5 Flat structure)
0 = 109.205
A = 124.094
B = 114.851
C ≒ B+1.297(A-0)
= 114.851+1.297(124.094-109.205)
= 134.162
134.162 is near the Fibonacci 0.618 level from 149.787 to 109.205 in Wave(A).
Short! 134.00∼134.50
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.