In progress now Impulse wave (five swings, Elliott-style) · Trend and waves · reading down
6 hits in 520 candles · test this one alone Sign in to be alertedHit on the latest daily candle — Tue 06 Oct 2026
Impulse wave (five swings, Elliott-style) completed on the candle that closed at Tue 06 Oct 2026, a down reading. That is the newest candle on file, so this is in progress now.
What the candles did
Five swings down: 1 4,535.80→4,141.00, 2 back to 4,320.00 (below where 1 began), 3 to 3,778.00, 4 back to 4,039.80 (below the bottom of 1), 5 to 3,756.90; wave 3 is not the shortest.
Where it stands on the latest candle
Counting down: wave 1 confirmed, wave 2 under way (the current swing has not yet reversed by 4%). Pivots so far 4,039.80, 3,756.90, 3,960.00.
What this pattern is taken to mean
Five alternating swings that obey the three classical impulse rules. A count, not a prophecy: the same swings can be counted more than one way, and this is the plain mechanical reading.
What followed on this name's own record
After 5 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 4 times of 5 (80%). Median move in the hit's direction +1.81%; best +10.18%, worst -3.35%. Within the window the move typically reached +5.69% in the hit's favour and -1.42% against it.
An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.
The rule, exactly as checked · swing_pct = 4
- Find swings with the zigzag at swing_pct.
- Take six consecutive confirmed pivots L-H-L-H-L-H (up) or H-L-H-L-H-L (down).
- Rule 1: wave 2 does not retrace past the start of wave 1.
- Rule 2: wave 3 is not the shortest of waves 1, 3 and 5.
- Rule 3: wave 4 does not enter the price territory of wave 1.
- Each wave must make progress: 3 beyond 1, 5 beyond 3.
- The pattern completes when the sixth pivot is confirmed. Progress reports 'wave 5 under way' when the first five pivots hold and the live swing is the fifth wave.
The last 6 hits on this name
- Tue 06 Oct 2026 down Five swings down: 1 4,535.80→4,141.00, 2 back to 4,320.00 (below where 1 began), 3 to 3,778.00, 4 back to 4,039.80 (below the bottom of 1), 5 to 3,756.90; wave 3 is not the shortest.
- Thu 17 Sep 2026 down Five swings down: 1 4,629.90→4,326.10, 2 back to 4,535.80 (below where 1 began), 3 to 4,141.00, 4 back to 4,320.00 (below the bottom of 1), 5 to 3,778.00; wave 3 is not the shortest.
- Wed 01 Jul 2026 up Five swings up: 1 3,700.00→4,775.00, 2 back to 4,290.50 (above where 1 began), 3 to 5,060.00, 4 back to 4,806.90 (above the top of 1), 5 to 5,180.00; wave 3 is not the shortest.
- Fri 05 Dec 2025 up Five swings up: 1 3,002.00→3,403.00, 2 back to 3,220.00 (above where 1 began), 3 to 3,851.00, 4 back to 3,652.50 (above the top of 1), 5 to 3,920.00; wave 3 is not the shortest.
- Fri 21 Nov 2025 up Five swings up: 1 3,001.10→3,140.00, 2 back to 3,002.00 (above where 1 began), 3 to 3,403.00, 4 back to 3,220.00 (above the top of 1), 5 to 3,851.00; wave 3 is not the shortest.
- Thu 31 Oct 2024 down Five swings down: 1 4,444.00→3,996.15, 2 back to 4,275.00 (below where 1 began), 3 to 3,776.90, 4 back to 3,957.05 (below the bottom of 1), 5 to 3,700.00; wave 3 is not the shortest.