GOLD (XAUUSD) - NEW SWING IDEA
After we reached the target at 1740 and 1720 (1740 - 1680 area ) from my previus idea (attached here), I would say that a beautiful wave 4 made of an inside ABCDE ( 3 3 3 3 3 waves) strucure might be in competition (or already completed), in that mentioned area.
But looking at the formation of this last leg down I would say that this could looks also as a wave 3 (wave 3, YES!! :D ), so I'm starting to play around this new exciting big idea and i drawed the extensions and retracements aaaaand...
here is the idea: a formation of 3 3 5 waves in wich we are into the wave 3!!!!!
This wouldnt have any impact in the bull count of the gigantic wave 4 before the last up move, so would be completely possibile in a bull scenario. Enjoy!
But looking at the formation of this last leg down I would say that this could looks also as a wave 3 (wave 3, YES!! :D ), so I'm starting to play around this new exciting big idea and i drawed the extensions and retracements aaaaand...
here is the idea: a formation of 3 3 5 waves in wich we are into the wave 3!!!!!
This wouldnt have any impact in the bull count of the gigantic wave 4 before the last up move, so would be completely possibile in a bull scenario. Enjoy!
הערה
הערה
the light-blue ABC in this screenshot might be realistic too: הערה
updates of a possibile path: הערה
הערה
Next move? הערה
Possibile candidates of PRZ for potential shorts are: 1745, 1750-52, 1761הערה
Expecting this at the moment: הערה
hedged at 1706, lets see if will goes up to 1760 - 80 area: הערה
הערה
The above two comments has been revealed as wrong counts by the price action of yesterday. This is the new possibile one: הערה
:D הערה
Wait wait... this up move gone too high, we are in 5 up: הערה
WAIT (again)... 5 waves up may already done! In this case we will retrace from here: so this could be the next shape.
הערה
I'm start to thinking that this idea doesnt matches with a correct count of the waves and subwaves. Something doesnt matches with measures, rules and PA considering the count of the big 5 waves down. So i will post a new one soon.הערה
This one (referring the move from 1850 to 1676) instead, perfectly matches with all the rules (also counting all subwaves inside that i have on other charts, ando considering the porportions beetween the inner main legs): העסקה בוטלה באופן ידני
This idea is not more valid for me, new one here: 
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.