What made me number the wave from 48189 so far
Because I've seen a lot of analysts rely on software for waveforms
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Let me give you some advice.
To know if the numbering is correct or there are some errors, the price action should be compared to the MACD indicator and the divergence between the tops and bottoms between the price and the MACD indicator
1- Wave A B C We have a difference between the top or bottom of A and C
1- The five-wave contrast with the fourth and fifth waves with the MACD indicator
Here the type of wave is determined, is it a flat flat wave or impulse a pentagonal?
The picture is now clear
And here from 48,189 so far, if you look at the bottom of wave A at 38536 and the bottom is now 37700 or to 36825 as I said, that would be the bottom of wave C
Here, look at the MACD indicator, you will see a positive divergence
So it's a flat wave a b c
5-3-5
it is very Simply
hhhhhhhhh
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After this explanation, you will know that you are at the end of a downtrend and that an uptrend is following.
Guide
1- Elliott Wave Analysis
2- The positive divergence that is now forming on the MACD indicator, as I indicated to you
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Who's talking about low numbers now I find it hard to believe
Especially if the auto numbering is set without knowing that the numbering is wrong.
The wave from 48,189 until now is wave 5-3-5 A B C
And you can try to apply the words you said to the chart, then think whether this talk makes sense or ignore it
Hahaha