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

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

snapshot

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

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