elliott wave theory learning pfp
elliott wave theory learning

@ordinalsrunes

October 29, 2025 The initial upward segment starting from the blue point is not an impulse wave, so it is either(1) an xx wave of the blue line,or (2) the next phase of the red line, which is upward. The upward movement at the blue point is part of a corrective wave. The correction endpoint for the next upward move has not yet been found. The nearest resistance is at 113483. The support is at 109380, and if it breaks below, the rebound will end and continue downward.
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