Since you're lazy, here's a bit of tasty stuff that comes right from its source. "Rules: Diagonals are always 5 wave structures. Structure = 3-3-3-3-3 or 5-3-3-3-3 Leading Diagonals happen in Wave

Instead of jumping into trading view, maybe it would be wise to import the historical datas into a spreadsheet. That would enlighten some and show that this was the end of a 7 years wave 1. As simple as

Have you ever read any book related to Elliott waves ? I highly doubt it. You'd better learn a bit more, that would increase your insights. You'd have known that a wave 4 can go below the top of wave 1

on a 1hour chart, that cannot be 12 and 26 daily moving averages which are based on the chart period... just saying.

oh yeah... sure! That's what is called a diagonal where 4 enters the price territory of wave 1. The guidelines states also that a diagonal could retrace sharply. But guess I had another teacher a long

No comment. !

I don't think that this is going to happen now, since we may be in an ending diagonal of the 5th wave of the first impulse, leading to a correction of the entire first wave. The money flow index is quite