A target zone is not an entry signal: the GOOG example

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A target zone is not an entry signal: the GOOG exampleAlphabet Inc. Class CBATS:GOOGpricewerkGOOG reached the 267–284 correction zone on 29 October, then made a lower low at 275.35 the next day. The zone was useful. Treating the first touch as a confirmed bottom wasn't. In the main Elliott count, a third wave can reach the target area while a fourth-wave bounce and a final fifth-wave decline are still missing. The alternative allows the correction to end sooner, but 275.35 remains a candidate low, not a confirmed reversal. One possible long-entry method is to wait for a clear five-wave advance on a lower timeframe, followed by a corrective pullback that holds above its origin. That creates a structure to test. It can mean entering later or missing a move, and confirmation still doesn't remove risk. A bounce alone won't settle the count. The main scenario allows a recovery below 325.63 before another decline. The alternative needs a sustained reversal through 323.13, then the 355.25–359.98 recovery area. No long entry is confirmed here.