Replies to post #91546 on Simple's Green Room

[estimator]

That would take us to the triple top.

[pennies2007]

I just wasn't sure. I've been fooled so many times by what looked like a new impulse series only to have it turn out to be some type of ABC correction.

Here's what I had so far on the first wave count and bounce. After that, I'm not sure because it came back up and retested the highs three times this morning before dropping. I figured getting out near the previous low was a good move.

I could be counting the first five wave sequence down incorrectly. That could be a large ABC movement.

If I'm totally wrong and this is the beginning of a new impulse series, there will be a larger Wave 2 ABC retrace later to get back in short again.

AU 15 Minute Chart...