Well, referring at my last idea in which we are into an E leg before the last wave 5 in the bull run (related in the follow), I think that it might be wrong.
In fact, analyzing the entire cycle of gold, I think that it is done and there arent anymore waves 5 to complete, cause the 5th has been completed at 2076 $.
So, in this idea I would suggest the possibility of a Leading Diagonal (as wave A or Wave1) formed beetwen 2076 and 1676.
This could be means that we are just started the formation of a sub-wave A (composed by an impulsive 12345) inside a bigger C wave that potentially can goes to $ 1520 | 1412 | 1275 as main targets.
Anything beyond that 1275 would means that we arent into a C wave but in a new bear cycle heading probably around 500$ price area.
So, the next potentially big short area would be beetween 1795 and 1845 (watching closely at 1817) for the formation of B or 2nd wave inside this count.
I will post screenshots in the comments of the idea.
In fact, analyzing the entire cycle of gold, I think that it is done and there arent anymore waves 5 to complete, cause the 5th has been completed at 2076 $.
So, in this idea I would suggest the possibility of a Leading Diagonal (as wave A or Wave1) formed beetwen 2076 and 1676.
This could be means that we are just started the formation of a sub-wave A (composed by an impulsive 12345) inside a bigger C wave that potentially can goes to $ 1520 | 1412 | 1275 as main targets.
Anything beyond that 1275 would means that we arent into a C wave but in a new bear cycle heading probably around 500$ price area.
So, the next potentially big short area would be beetween 1795 and 1845 (watching closely at 1817) for the formation of B or 2nd wave inside this count.
I will post screenshots in the comments of the idea.
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Typo error into description: "next potentially big short area would be beetween 1795 and 1845*..."not 1845 but: 1875
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the red rectangle into the drawing is correct btwملاحظة
be carefull, this might be possibile, i really dont understand the main count (would be for real the E leg like in my previous idea linked below?) ملاحظة
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mid terms possibile paths: ملاحظة
Btw the inner count shows this to me: ملاحظة
What i can potentially count atm ملاحظة
Alternate count: ملاحظة
If this is a 5 3 5 i think we are in wave 2: ملاحظة
This is a possibile alternative scenario (bear); if 1819 will breaks probably we will stay into an A down: ملاحظة
This is the possibile scenario in which im looking at rn: ملاحظة
The other possibile scenario according to this idea would be this: ملاحظة
Actual count of the potential inner B wave:ملاحظة
Actual situation: ملاحظة
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The B maybe already completed: ملاحظة
This maybe a valid count actually: ملاحظة
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Lets see if the Wave E inside the big B (abcde) is completed. In this case... we should have a strong and sharp big move down as C ملاحظة
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منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.