wsbza

wsbza Updated 

Common Fib relationship says wave (c) could be 1.618 times the length of wave (a) sometimes ends beyond the end of wave (a) by 0.618 times the length of wave (a)

wsbza

Could be a big 3-3-5 Flat where wave (C) can be either impulse or diagonal also note previous wave (4) ended near 38.2% retracement level

wsbza Updated 

Note RSI peaked at wave (3) high wave (3) equals to approx. 4.236 times the length of wave (1)

wsbza Updated 

If the blue wave count is correct, another new high is not so far away alternatively, complex sub wave e is also possible OR sub wave d is still unfolding (although less likely)

wsbza Updated 

not very confident about this expanded flat count but it is possible. if the rally from 11726.6 is the first wave of final 5, we should expect another wave ii pullback that may offer opportunity to trade for the upside.

wsbza

if wave (c) equals 1.618 times the length of wave (a), it could reach 133.936 note The internal wave iii of (c) seems weaker than wave i of (c) Wave i high of 131.816 is the key support, break below this level could signal further downside potential

wsbza Updated 

Close below 1.21545 would at least eliminate the alternative triangle correction

wsbza Updated 

The short-term pattern looks like a flat correction in the making.

wsbza Updated 

there are number of labeling options, such as Yellow Primary wave C Blue Primary wave 3 to 5 Red Primary wave Y within a double zigzag WXY

wsbza Updated 

expecting another decline to follow once the corrective pattern is done

wsbza Updated 

could be another sell-off after corrective rally

wsbza Updated 

Could be an a-b-c flat before another sell off

wsbza Updated 

The pink wave {i} to {v} suggests a trend reversal is under way, expecting either a three wave reversal sequence at the same degree or one degree higher. alternatively, the pink wave {iv} & {v} are only parts of a running flat wave {iv}, one more wave {v} decline is still possible (but not necessary).

wsbza

I use this index to monitor the U.S. banking sector A solid break below 101.39 would suggest retest of 89.13. Alternatively, we can also count pink wave 5 as 3, but looking at the Fibonacci relationships between each sub wave, i think this pink labeling is a high confident count. some interesting facts: wave 3 equals to approx 2.618 times the length of...

wsbza Updated 

This stock has been moving sideways since it topped at 26.97 in November last year it is possible to count the corrective pattern as double zigzag w-x-y if the next move is lower degree 1 & 2 then we have a bull nest in the making

wsbza

A 3-waves correction meets the minimum bullish requirement Another new high above 0.37 would signal further upside potential A larger degree sideways correction could be the alternative case

wsbza Updated 

looks like a 3-waves (a)-(b)-(c) correction ended at recent low of 158.72 expecting another motive wave to break the yellow wave (v) high of 252.86

wsbza Updated 

Could be a 3-3-5 flat and trade for the rest of wave (c) of flat then sell for a larger degree decline