Let me repeat this so you remember the flow if your older sibling never comes online again because they are super busy..
If someone says it's already a bear, they don't know the structure, can't read the waves & don't understand the invalidation zone of the corrective structure.
Yesterday still wave two. It has been explained in the previous analysis, namely corrective impulses 2 & 4 (mandatory) in a bullish structure.
It doesn't mean a bear market. Not breaking 74508 still remains a corrective wave two within the bullish upward impulse structure. Please do not keep asking, learn to read and understand what has been explained in the previous analysis. Why the amnesia towards the detailed explanation?
Remember the flow, see this.
✅ Wave 1 BIG (start of the impulse)
1️⃣ 76,876 → 86,496 = 9,620
2️⃣ 86,496 → 84,000 = 2,496
3️⃣ 84,000 → 94,696 = 10,696
4️⃣ 94,696 → 91,635 = 3,061
5️⃣ 91,635 → 97,895 = 6,260
Total length of wave 1: 97,895 – 76,876 = 21,019
✅ Correction wave 2
From 97,895 → 93,377 = 4,518
Retracement: (4,518 / 21,019) × 100 ≈ 21.5%
✅ Wave 3
1️⃣ 93,377 → 97,687 = 4,310
2️⃣ 97,687 → 95,785 = 1,902
3️⃣ 95,785 → 104,350 = 8,565
4️⃣ 104,350 → 102,350 = 2,000
5️⃣ 102,350 → 105,819 = 3,469
Total length of wave 3: 105,819 – 93,377 = 12,442
✅ Correction wave 4
From 105,819 → 104,184 = 1,635
Retracement: (1,635 / 12,442) × 100 ≈ 13.1%
✅ Wave 5
1️⃣ 104,184 → 109,857 = 5,673
2️⃣ 109,857 → 106,146 = 3,711
3️⃣ 106,146 → 111,874 = 5,728
4️⃣ 111,874 → 110,255 = 1,619
5️⃣ 110,255 → 111,980 = 1,725
Total length of wave 5: 111,980 – 104,184 = 7,796
✅ Correction wxyxz BIG WAVE TWO
From 111,980 → 98200
BIG WAVE 1 (74508/76876-111,980)
111,980-98200 BIG WAVE TWO
Currently, we are at the beginning of the BIG WAVE THREE impulse.
✅ Wave 3 (start of the impulse).
1️⃣ 98200-/ depending on where it finishes, for example, 108,000
2️⃣ 108,0000 correction to 105840,104280-103-102k
Then entering 3️⃣, and so on as per the flow above.
So the journey is still long. It can reach over 140k until completed.
The target will be pinned in the comments section later.
