1989issue C051-7

A time, price, and pattern filter on one platinum sequence

This case treats a platinum reversal day as a testable hypothesis only when a finishing Elliott fifth wave, a clustered change-in-trend window, and a pre-mapped price band occur together. Later Fibonacci retracements, Gann angles, and measured-wave targets then test whether that time-price-pattern coincidence still holds.

The notes treated an entry or exit as complete only when a finished price pattern, a time window associated with a possible trend change, and a notable price level occurred together.
A 26 September reversal-day low at 481.50 completed an Elliott fifth wave inside a 472-486 support band and a mid-to-late September time cluster.
The timing combined a 61.8 percent Fibonacci time ratio with Gann-style counts, including a 49-day death zone, around 16 September and 24 to 27 September.
After the low, rally marks, Gann angles, C-wave projections, and fifth-wave Fibonacci equalities were used to keep or drop the working hypothesis.

Entries in this reading3 entries

Current trackGann angles47 readings Elliott wave analysis165 readings Fibonacci retracement165 readings

What counted as a complete setup

The notes treated an entry or exit as complete only when a finished price pattern, a time window associated with a possible trend change, and a notable price level occurred together.

In the terms used here, that is a time-price-pattern coincidence. A setup is treated as complete only when a finished wave form, a clustered time window, and a pre-mapped price band occur together.

How the September time cluster was built

A 61.8 percent Fibonacci time ratio applied to a 171-calendar-day gold swing produced a 106-day projection that landed on 16 September from the 2 June high.

Separate Gann-style counts of 30 weeks from a 29 February low, 30 calendar days from a 25 August high, and 49 calendar days from a 9 August low clustered additional change-in-trend dates around 24 to 27 September. The 49-calendar-day count is the death zone in this workflow: a Gann 49-period time count treated as one more date to cluster with the other timing marks.

The price band and the Elliott fifth wave

From the June high, platinum was read as a fifth or final Elliott wave. The general form and ratio of that Elliott fifth wave were treated as more important than a strict textbook count.

Prior declines of 89, 90, and 76 points, subtracted from the 25 August high at 562, defined a 472-486 termination band. The notes recorded 89 as a Fibonacci number and 90 as a Gann number.

When the three conditions met

A 26 September reversal-day low at 481.50 completed the fifth-wave form inside that support band and inside the mid-to-late September time cluster. The session followed a 19 September gap read as an exhaustion gap and a 23 September outside down day.

The exhaustion gap was treated as a possible last thrust rather than a continuation break because it appeared inside a finishing wave and a support band. The reversal day is used only as short-term confirmation after time, price, and pattern already coincide.

Platinum swing prices from the June 1988 high to the December reversal

The June high at $642 falls through the named swings Miner logs to the September 26 reversal low at $481.50, inside the $472–$486 support band, with later stated prints at $571 on November 4 and a $620 high on December 5. Every point is a date-and-price pair written in the article, not a reading taken off the printed Commodity Trend Service chart.Platinum · Dated swing highs and lows · 1988-06-20T00:00:00.000Z to 1988-12-05T00:00:00.000Z

The $544 A-wave top and $523 B-wave low are stated without calendar dates and are omitted so no dates are invented. November 3 is described only as a reversal above $586, so that high is omitted as well.

Rally marks and Gann angles after the low

The 80.50-point swing from 562 to 481.50 implied 38 percent and 50 percent rally marks at 512 and 522. Fibonacci retracements of 38 percent and 50 percent of the longer June-to-September decline implied 542 and 562.

A high at 544, two points above the 38 percent mark of the June-to-September decline, coincided with the 1x1 Gann angle from the June high. A Gann angle is a geometric support or resistance line drawn from a swing at a fixed rise-to-run ratio. Trailing risk was set to the lower of a 62 percent pullback from the 26 September low or the 1x2 Gann angle from that low.

Later measured-wave targets

A C-wave equal to 61.8 percent of the A-wave, added to the B-wave low at 523, projected 562. A C-wave equal to the A-wave projected 586, near a 62 percent retracement of the June-to-September cycle at 581. A later reversal day occurred as price met the 2x1 Gann angle from the June high.

Fifth-wave Fibonacci equalities of 50 percent of wave 1, 100 percent of wave 1, 62 percent of wave 1-to-3, and 100 percent of wave 3 mapped a 611-625 resistance band. A Fibonacci time ratio of 62 percent of the 116-calendar-day June-to-September swing pointed near 7 December.

Educational research material, not investment advice. Historical source context does not establish present-day performance.

6 of 34 in the Gann angles track

19891-6 pp.Next on Gann anglesGann angles on point-and-figure gridsA daily point-and-figure chart posts only moves at least as large as the chosen box size, marking advances with X columns and declines with O columns.

All readings on this track · 34 readings

By fieldWaves and ratios183 readings By year1989126 readings

All 47 readings tagged Gann angles

Also on Gann angles5 readings

1988Multi-scale Elliott counts with Gann and Fibonacci confluence 1991A fourth Treasury bond resistance test as one time-price hypothesis 1998Wave and ratio self-similarity as a testable chart hypothesis 2011Wave and ratio overlays as confirmation, not forecasts 2013Gold wave four as a time and price cluster check