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ETH Elliott WAVE 4th wave complex correction

199
ETH Waves 1 H Time frame :

1st wave : $2493-$2757
2nd wave: Sharp Zig-zag correction nearly Fibonacci 61.8%(0-1)
3rd wave: 161.8% of 1st wave
4th wave: As per the alternation rule of correction, 2nd wave was sharp and deep so 4th wave may shallow and complex correction.
triangle correction is expected.
23.6%(3rd wave ) @ $2891
38.2% (3rd wave ) @ $2831
So 4th wave may complete near $2891 or $2831 or in-between as triangle complex correction.

5th wave :
If 5th wave is normal : Target $3100
If 5th wave is extended then we may see $3340

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#eth
#elliottwave
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