Thanks for sharing your analysis. Not sure why you feel that wave 1 is leading diagonal, if however it is why not include the previous swing with June 2012 high to form leading diagonal. Also why wave 1 -5 and instead of possible abc? Just wondering.,
manijeh.kazemi.33
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thank you Donv wave 1 is not leading diagonal wave 1 marked by lines
DanV
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OK, just wondering as you have marked with blue line suggesting leading diagonal. No worries. Thanks.
manijeh.kazemi.33
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you are my master
DanV
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Hahaha, thanks. I haven't actually taken a look at that but feel something is not right with the look of the count.
DanV
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There is limited price data and the last parabolic move is little hard to count. However so far it seems that we either have significant top in place or perhaps one more drive to complete the bullish cycle. Expectation is that then a noticeable retracement would follow.
manijeh.kazemi.33
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thanks my chart and your chart is a scenario that could be playad