leeada2016

leeada2016

4hr wave 12 forming target 1837

leeada2016

foundations wave 1 2 of 5th wave completing at 1837 retest of wedge and ascending wedge bo next week

leeada2016

5th wave offering clues of extension within an ending diagonal that could turn out to be leading clue is in the formation again not 33333! interesting to see if it respects this pattern

leeada2016

gold in wave 5 of 5 within i suspect wave 1 of 5th wave extension completed wave 3 of wave 1 of wave 5 and now retrace 0.382 of 3 at 1731-28 before testing new highs at 1771 completion of this cycle

leeada2016

i believe the big surprise here is that many see this as the last leg! 5th extension? maybe

leeada2016

similar count a give a few weeks ago seems to be around now simple count clearly extended 1 which sees waves 3 and 5 shorter lengths. For this count, to work we must keep wave 3 as not the shortest wave 5 projection 78% of wave 1

leeada2016

Alternative possibility 5th wave given clues of extension and remains the 38.2% retrace level it likes. Similar to 1 2 of cycle the next level is doing similar

leeada2016

weekly projection

leeada2016

continue the bearish trend? (joke)

leeada2016

same targets seems to within a bullish pennant which may take abcde structure or may break from last low at 1670. We have seen an extension of wave 1 within 5 and now 2 which has retrace 0.236 of wave 1. Over next months we should see an eventual top of wave 3 at 1900 level

leeada2016

leading diagonal supercycle

leeada2016

still in wave 4 seems abcde inside bullish pennant

leeada2016

while have the chart stripped some counts

leeada2016

now we have the answer it found support at 0.382 which seems to support a wave 4 and leg of previous cycle. Now we have dropped just below 50% we rule out with a deeper wave 1-2 completed of larger 5. We can now expect a smaller wave 1-2 of wave 3 of 5 targets at 1790 and suspected extension of 5th

leeada2016

longer term grand cycle and super cycle idea

leeada2016

a faster route to target because of previous price structure wave 3 of smaller degree failed to meet 1.618 which gives a v strong hint of an extended wave that fits nicely with 2.618 extensions of 3rd wave

leeada2016

reverse points..

leeada2016

short term trade 5th wave of wave 2 1719-18 then 1762 end of 5 of 1 deep retrace of larger 1 to 1700-1698 before new foundation waves 1 and 2 of impulsive 3