In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (4) correction can be finished. If the upward move fails, several bearish scenarios can be considered.
The primary expectation is that wave ((c)) of wave 2 is finished. We are in the areas from where we can expect a reversal. If the reversal is not coming and we take out the low, the secondary scenario with an additional impulse down as wave ((v)) comes into play.
The higher timeframe gives us two equally valid scenarios. On the lower timeframe, it looks like wave X is finished. However, as long as we see too much overlap in the upward move, we cannot exclude the secondary scenario. The secondary scenario calls for two more swings as a wave (b) and (c).
In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (2) correction can be finished. If the upward move fails, several bearish scenarios can be considered.
The primary expectation is that wave (4) has finished after a WXY correction. We are in the areas from where we can reverse. We are looking at two scenarios on the lower timeframe. The first scenario identifies a complete structure. In the second scenario, two more swings are missing. A failure of both scenarios on the lower timeframe is an indication of a bearish...
The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. It looks like we are working on wave (v) of wave ((c)). We are also at the reversal areas.
The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. We see two equally valid scenarios. Firstly, we might have finished wave Y as an ABC. Secondly, so far we only finished wave ((a)), wave ((b)) is ongoing as a triangle, and wave ((c)) is still coming.
The primary expectation is now that wave ((b)) is finished and that we are doing wave ((c)). It looks like we are working on the fifth wave of wave ((c)). We are in the areas from where we can expect a reversal. If the reversal is not coming, we will focus on the secondary scenario.
It looks like wave X is finished. However, as long as we see too much overlap in the move up, we cannot exclude the secondary scenario. The secondary scenario calls for two more swings as a wave (b) and (c).
There are some signs in favor of a reversal which means that the corrective WXY structure down can be finished. However, at this moment, we are still bearish in the daily and the weekly timeframe.
The NIKKEI is doing a wave (4) correction as a WXY. Currently, we are working on the Y leg as another wxy structure. We are in the areas from where we can reverse. We are looking at two scenarios on the lower timeframe. The first scenario identifies a complete structure. In the second scenario, two more swings are missing.
The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. It looks like we are working on wave (v) of wave ((c)). We are also at the reversal areas.
The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. We see two equally valid scenarios. Firstly, we might have finished wave Y as an ABC. Secondly, so far we only finished wave ((a)) and wave ((b)), wave ((c)) is still coming.
The primary expectation is now that wave ((b)) is finished and that we are doing wave ((c)). It looks like we are working on the fifth wave of wave ((c)). We are in the areas from where we can expect a reversal. If the reversal is not coming, we will focus on the secondary scenario.
It looks like wave X is finishing. We might be working on the final swing of the corrective move down.
There are some signs in favor of a reversal which means that the corrective WXY structure down can be finished. However, at this moment, we are still bearish in the daily and the weekly timeframe.
The NIKKEI is doing a wave (4) correction as a WXY. Currently, we are working on the Y leg as another wxy structure. We are in the areas from where we can reverse. We are looking at two scenarios on the lower timeframe. The first scenario identifies a complete structure. In the second scenario, two more swings are missing.
The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. It looks like we are working on wave (v) of wave ((c)). We are also at the reversal areas.