l.pro

4 of 5 of A still in progress?

FX:XAUUSD   Gold/U.S. Dollar
155 2 4
If first X is 5, then I expect clear 5 waves down as 1 of 5 of A. So far, I see only 3 down... that makes me think that we see see some sort of combination here. If WXY is complete, next move should be either 1-2 to upside... or another 3-wave structure. And that's exactly that we see... that left for us only one option - tripple zig-zag.

I mean, I know triple zigs are rare structures, that's why I think this count could be wrong, but, so far, here is my take on recent price action.

Still think 4 of 5 of A in progress... May see the last move for 4 of 5 of A.
godlp
9 months ago
the first (X) is the 5
Reply
l.pro PRO godlp
9 months ago
The first X is clear 3 waves up on 5m chart. How you count it as impulse of 5?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out