✅PREVIOUSLY ON GOLD
From 1877(lime3) to 1753, ABC corrective waves are formed and 1753 can be numbered 4(lime), it is thought.
✅WHERE WE ARE
As 1753 can be numbered 4(lime), we should've waited for the beginning of the next bullish impulse(blue circled 2), which should've been around 1790 - 1776.
If my counting is correct, wave 3(blue) must break 1814, so wave 3 could form extensions(white) to break 1814.
As of now, 1801 - 1795(Fib38.2-61.8) could be a good zone to be bullish again.
*As long as 1784 remains unbroken, this idea is valid.
💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
From 1877(lime3) to 1753, ABC corrective waves are formed and 1753 can be numbered 4(lime), it is thought.
✅WHERE WE ARE
As 1753 can be numbered 4(lime), we should've waited for the beginning of the next bullish impulse(blue circled 2), which should've been around 1790 - 1776.
If my counting is correct, wave 3(blue) must break 1814, so wave 3 could form extensions(white) to break 1814.
As of now, 1801 - 1795(Fib38.2-61.8) could be a good zone to be bullish again.
*As long as 1784 remains unbroken, this idea is valid.
💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.