A very complex corrective wave is indeed what we seem to be i.e. Triple Combo Elliott Wave WXYXZ.
It is down to interpretation but I think we could be making the (B) wave now of the Z combo.
This video explains it nicely with the ABCDE triangle happening within the first X wave.
Note the 1:1 in the (a) wave down of the (v) wave which is classic Elliott wave.
youtu.be/ZkWVVEemVpk?t=337
It is down to interpretation but I think we could be making the (B) wave now of the Z combo.
This video explains it nicely with the ABCDE triangle happening within the first X wave.
Note the 1:1 in the (a) wave down of the (v) wave which is classic Elliott wave.
youtu.be/ZkWVVEemVpk?t=337
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