Rules: Impulsive Waves always divide into 5 waves: Waves 1,2,3,4,& 5; followed by a corrective wave, typically A, B & C. The waves that are numbered (1,2,3,4,5) are in the direction of the Trend. The waves that are Lettered (A, B, C ) are against the Trend. Structure = 5-3-5-3-5 (21) followed by 5-3-5 (13) Wave 1 could divide into an impulsive...
Elliotte wave basic pattern ,,if you look at 4h time frame the wave 1 is gonna finish ,and this a long term idea ,,just my opinion not a call or signal
bearish motive wave on daily chart and now is in correction with wave 4 then an impulsive wave of 5 will gonna start