UNI/USDT A detailed Elliot Wave count.
Wave 1: looks like a leading diagonal.
Wave 3 > Wave 5
So count is still valid.
Wave 2: A simple ABC correction.
Wave 3: An impulse wave up with an extended 3rd wave and a 5th truncated.
Wave 4: Looked to me like an ascending triangle ABCDE correction.
but I'm not entirely sure.
Wave 5: Forming at the moment.
in the internal count wave 3 looks small and short to me, which may be an ending diagonal with a 5th wave < wave 3
I would love to see a rising wedge pattern for a short opportunity on this one.
If something is incorrect or you have any comment on my analysis I would love to get some feedback.
Wave 3 > Wave 5
So count is still valid.
Wave 2: A simple ABC correction.
Wave 3: An impulse wave up with an extended 3rd wave and a 5th truncated.
Wave 4: Looked to me like an ascending triangle ABCDE correction.
but I'm not entirely sure.
Wave 5: Forming at the moment.
in the internal count wave 3 looks small and short to me, which may be an ending diagonal with a 5th wave < wave 3
I would love to see a rising wedge pattern for a short opportunity on this one.
If something is incorrect or you have any comment on my analysis I would love to get some feedback.
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