Looking back to 2012, a harmonic "M" kicked off this wave. The strong movements in January 2015 could be the inner wave 3 of 3, which provides a nice starting point for analysis if you consider the retracement to 1.19676 back in early May 2015.
Red resistance lines were manually drawn at confluence targets derived from subdividing the dark purple boxes (well, their upward clones), which are swings from the retracement point downwards to the previous pivots.
Gray lines reveal the proportionally divided confluence points from the past, which were then projected upwards to assist in the weighting of future targets. Red resistance lines were dimmed where they aren't as close to the gray proportional lines, to show a lesser target weight.
The brighter purple clone gives a rough size value for what could be 5 of 3 or 5 of the whole. I'm excited to see how this road map plays a role in the coming year and a half. I'll certainly be updating the analysis as time goes on, in newer idea posts, but this one is worth archiving for reference along the way.
Red resistance lines were manually drawn at confluence targets derived from subdividing the dark purple boxes (well, their upward clones), which are swings from the retracement point downwards to the previous pivots.
Gray lines reveal the proportionally divided confluence points from the past, which were then projected upwards to assist in the weighting of future targets. Red resistance lines were dimmed where they aren't as close to the gray proportional lines, to show a lesser target weight.
The brighter purple clone gives a rough size value for what could be 5 of 3 or 5 of the whole. I'm excited to see how this road map plays a role in the coming year and a half. I'll certainly be updating the analysis as time goes on, in newer idea posts, but this one is worth archiving for reference along the way.
