With the first fall achieved 239.86 (wave a probably), my model now drops an up correction to 270.00/272.00 zone. No a big deal, but counting on that it should be the wave b, then what happens next up there, is what really matters. I mean the starting of wave c.
My model drops a Short Bottom high probability at 1275.10. (84%). It would be the wave 2 or b triggering the 3 or c wave. I took it at 1278.75 (sl -1275.10) Target shell 1287.50 (at first).
My model drops a short top high probability at 289.03. Target Shell 271.58 (at first). It could probably be an abc correction.
My model drops a 67% short top correction probability at 191.83, targeting 175/173. Main trend is up, wave 3orC seems to have started.
My model drops an 80% short top probability at 173.09, The Target Shell zone is 143/140.00. It could be initial target of the 3_ wave of C) of 2.
XAU-USD has 94% bottom Probability at 1266.10 low My model dropped this math chance 2 days ago I took position at 1269.53.The Target Shell is 1293/1295.sl 1266.10 It is still useful.
These last 5 waves movement with their belonged abc ZigZag correction seem to have finished at a short bottom of 161.66 from there my model drops a shy (at first) 172/174 Target Shell.
The last five impulsive up legs started at the low of 156.42 seem to have topped at 177.39 with 50% Short top probability and then also 175.24 high has built a slingshot zone with 61% short top probability. From there the Target Shell zone is 164/162. (might be an abc correction).
The short bottomed zone of 175.00 seems (according to my model) to have 79% Bottom Probability. The Target Shell is about 188/196(exceeding the Main unfulfilled Target Shell of 188/193.00). The Whole impulsive five waves would be the culmination of a wave C or 3 started at 125.88 (67% bottom probability-wave i of C).
It seems to be a Zig Zag correction which its wave C would be targeting 1287/1285 zone. My model drops at 1,306.80 78% short top probability. My Entry Point was 1303.32, Sl 1306.83. R R Ratio 6.37.
According to my model it seems to be an ABC top, but the singularity of this case is that it was dropped by an slingshot (instead a divergence) it means that the topping zone is the whole blue box between 3,880.48 and 3,946.11.That should be considered as the real Stop loss. There it drops a 69 % Short Top probability and targets 3447/3500.The pattern could be an...
In 1294/1,295.60 zone my model drops an 83% Short top probability that could be a wave iv_ of iii of C of (2).The Target Shell would be the wave v_ and it is about 1,282/1,283.00. My stop loss is at 1,295.63. I also drew the wave (2) EXHAUSTION LINE at 1,276.40 when it´d be a 100% retracement (the most that a wave 2 can back forward without breaking the...
At now it seems to be a wave 1or A topping at 170 zone that triggered a possible wave 2 or B bottoming at 125/124 zone. From there my model drops a 67% bottom probability Targeting 188/193 zone.
The whole pattern could be an Extended Flatt that may be performing a wave c targeting 1,307/1,305 zone from 1333.00 where has a shy 67% Top Probability according to my model. There a wave 2) might ended finishing the previous correction to a bigger up trend. My Entry point was 1329.40, the SL at 1333.03 (R/R Ratio=6.46).
My model has dropped an 80% bottom probability at the currrent low of 3,401.36 Targeting 3800-3900, the current bearish impulsive leg might be a wave c which´d be ending, although because its latest shape a new testing down to 3,400.00 zone is possible. This the qualitative part of the analysis, I mean to look at the shape of the pattern, but the rest is about...
Up now it seems to be a ZIG ZAG pattern that typically corrects 0.618 from the previous impulsive movement. My model drops a shy 67% Top math chance for 1,316.70 (the alleged top of the wave b) to be the trigger of a powerful wave c that targets 1,295.70 zone. My SL is set at 1,316.73.
My model drops an 80% bottom math chance at the last low 116.10, targeting the zone of 160/167. The current fall started from 167.00 seems to be up now an impulsive wave 1 or A (ZIG ZAG correction in this case would be).The structure itself looks incomplete because the last bounce seems to be a wave iv. Therefore a last fall before the bounce could be possible.
Fellas, the counting has changed for me, from a yearly correction in WXY Pattern into a bearish structure that until now we´ve seen the waves 1 (24,122.23 minimum) and 2 (25,980.21) the present wave 3 would be the fall from 25,980.21-21,712.53 its first 4 minutes impulsive waves (i; ii; iii; iv) the iv wave would be nearly to its end at about the current maximum...