GOLD (XAU) 15min - EW cycles: Wave (C)

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We are going above than expected in the last idea (linked below), but i still think that we are in a Wave (C) before of a new low (to 1640 - 20 area), according with my counts.
Precisely, it looks to me that we stay inside the last 5th wave of a "zigzag" ABC (5-3-5) where the first 5 (the relative A) are a w-x-y-x-z.

I stay convicted that we are into a big correction so far, and only a break above 1826 (the final confirmation would be 1840) will invalidates this count.

So, here is published the whole counts from March 8 in 15 min TF to monitoring what happens.

Final levels to watch at (if 1790 will breaks) are: 1804, 1806, 1811, 1815, SLs should be above 1826 - 30 levels.

Above that area i think this idea of the C will be invalidated cause in that case we may stay into the new Bull Cycle (the big 5th wave, precisely 3rd of 5th).

I will post comments with updates of the counts here and on my old idea (on bigger tf).

"Like with Cheers" would be appreciate if u like my work, thanks you so much! ;)

May the pips be with you...
Ghi chú
Closer view of the last 5 waves up inside the count of (C): ảnh chụp nhanh
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Higher tf view: ảnh chụp nhanh
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this remains valid untill 1760 will breaks down: ảnh chụp nhanh
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ok, looks like we make a double 5 inside the 5th wave (extended)? ảnh chụp nhanh
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this abcde as wave 4 could be a possibility: ảnh chụp nhanh
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this is another possibility: ảnh chụp nhanh
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there is also the possibility that the 5th is already done: ảnh chụp nhanh
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this is another possibile scenario cause i see a missing wave 5th so far (its also possibile that will ends with a failed one): ảnh chụp nhanh the key could be in the bottom TL of that ending diagonal, a break below that might be a fall.
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Actually we hedged 1780 and 83 with stops below the bottom trendline, lets see if this is an overlapped wave 3 inside the diagonal: ảnh chụp nhanh
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ảnh chụp nhanh
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:D ảnh chụp nhanh
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ảnh chụp nhanh hedged here lets see this could also a wave 3 in downside.
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BE CAREFULL, this is possibile: ảnh chụp nhanh
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btw, the PA looking like we might stay inside a B wave, so this would be the counter count: ảnh chụp nhanh
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Eyes on 1757: ảnh chụp nhanh
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But... this count is still in play and perfectly valid atm: ảnh chụp nhanh be carefull
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OK, when my worst nightmares looks they are coming true... ảnh chụp nhanh this might be a correct count for the wave 5. Hoping that i'm wrong cause im holding shorts.
Ghi chú
ảnh chụp nhanh this marker would invalidates the subcount of the green path (hoping that)
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first sign of invalidation arrived: ảnh chụp nhanh
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Ok, i got an alternative count that would fits in terms of bear cycle. lets see how it will developes.

ảnh chụp nhanh

ảnh chụp nhanh
Ghi chú
on smaller tf we may stay inside the first wave of the bigger 3 in downside: ảnh chụp nhanh
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Makes sense and would fits perfectly to the rest of the previuos count that i have: ảnh chụp nhanh
ảnh chụp nhanh
Ghi chú
The updates will posted on the new idea, here:
GOLD (XAU) - final idea
(click to see it).
Đã hủy lệnh
This idea is not more valid-
cwaveEconomic CyclesElliott WaveGoldshortshortsetupwavewavecounts

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