Most try to Count the waves and Get Caught up in Lots of errors , including Professionals , This one is behaving or seemingly meeting the Elliott wave Principal
Here one can Notice Wave 3 is extended with sub division of 5 impulse wave in it ,
Triangles are formed at wave 4 , which is also visible in wave 4 of Primary wave 3 ,
The One Guideline Elliott leave is one of 3 impulse wave will tend to have an extension but not more than 1 , i think that term is met here in Primary wave 3
Wave B of corrective pattern appears to be strong but its correction and moves beyond of the end of the impulse which is clearly visible on Current price action , which is moving beyond the last Primary impulse wave 5 ,
I am looking this might move till 380 and one can look for reversal , Dont get caught up saying it has to reverse at 380 , its one of the probability
Good Luck
Here one can Notice Wave 3 is extended with sub division of 5 impulse wave in it ,
Triangles are formed at wave 4 , which is also visible in wave 4 of Primary wave 3 ,
The One Guideline Elliott leave is one of 3 impulse wave will tend to have an extension but not more than 1 , i think that term is met here in Primary wave 3
Wave B of corrective pattern appears to be strong but its correction and moves beyond of the end of the impulse which is clearly visible on Current price action , which is moving beyond the last Primary impulse wave 5 ,
I am looking this might move till 380 and one can look for reversal , Dont get caught up saying it has to reverse at 380 , its one of the probability
Good Luck