Context across dimensions, not a rating
Counts ending at the latest intermediate swing high, 18.36 on Oct 6, 2026. 270 labelings tested, 177 broke a hard rule, 12+ remain.
Bar length is the zone's strength (a weighted count of relationships, not a probability). Select a zone to see what forms it.
4 relationships · strength 2.9 · Minor degree
Intermediate degree · from the preferred count
Wave 4 is correcting wave 3. The scenario looks for it to end ahead of wave 5.
Pattern Confidence 67 · Medium
Wave 4 retraces 38.2% of wave 3, inside a confluence zone (3 relationships)
wave 4 cannot enter wave 1 territory (hard rule)
Wave 5 = wave 1, measured from the entry
Invalidation 20.1% from the reference level · 4.3 ATR
Track record: this setup reached its target first in 29% of 243 past cases, averaging +0.17R. It made money in both halves of the replay (+0.13R, then +0.20R). Method
Daily chart, as of Oct 16, 2026
Since the count's last pivot (18.36, Oct 6, 2026) price has moved −8.3%, the way the count expects.12 of 12 rule-valid counts expect the current move to be down.Weekly count: flat wave C ↑, opposite direction
Close call.The top two counts are within 2 points. Treat the structure as unresolved until one is invalidated.
Price is in wave 4 of a five-wave advance (impulse).
1-2-3 from 5.31, Jun 3, 2025
4 of 5 checks met
Price below this level breaks the count.
Wave 4 retraces 38.2% of wave 3
4 Fibonacci relationships meet here.
A five-wave advance (impulse) looks complete, so a correction down would normally follow.
1-2-3-4-5 from 5.31, Jun 3, 2025
9 of 13 checks met
Wave counts are built on these swings and each one passes every rule in the rulebook. They are ranked by how many guidelines they satisfy; the preferred and alternate counts are summarized above the chart.