✅PREVIOUSLY ON GOLD
There're 9 waves from 1750 to 1800. So we were expecting the crash after 9 waves.
✅WHERE WE ARE
If today's low(1764) is A, we should recognize B to be bearish again.
B would be 1778 - 1786.
It's too late to be bearish for now. Better wait for a pullback as usual, if you wanna sell.
💡TIP💡
Some people asked me how to predict the crash. Normally it's almost impossible to predict the crash if you don't know about the characteristics of waves, but if you can count well, it's not that difficult.
Also, we have to care about meaningful TLs while counting waves.
It doesn't make any sense to randomly draw TLs anyways. We have to make them sense.
*As long as 1800 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 🎉
There're 9 waves from 1750 to 1800. So we were expecting the crash after 9 waves.
✅WHERE WE ARE
If today's low(1764) is A, we should recognize B to be bearish again.
B would be 1778 - 1786.
It's too late to be bearish for now. Better wait for a pullback as usual, if you wanna sell.
💡TIP💡
Some people asked me how to predict the crash. Normally it's almost impossible to predict the crash if you don't know about the characteristics of waves, but if you can count well, it's not that difficult.
Also, we have to care about meaningful TLs while counting waves.
It doesn't make any sense to randomly draw TLs anyways. We have to make them sense.
*As long as 1800 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.