XAUUSD 9/24/2024 price increase continues?
Looking at H1 we see wave 5 is completing
- The target position of the end of wave 5 we have 2 target zones, the first zone is 2645 - 2648 and the second target zone is 2597 - 2700. For now we will choose the first target zone which is 2645 - 2648 as the target zone to SELL down
- Below after the end of wave 5 we will have a correction according to 3 ABC waves.
- We have the target zone of this correction at the price zone 2594 - 2591 and the second target zone at the price zone 2565 - 2562 we will choose these 2 target zones to BUY
Trading plan
SELL ZONE: 2645 - 2648
SL: 2655
TP1: 2625
TP2: 2606
TP3: 2593
BUY ZONE: 2594 - 2591
SL: 2584
TP1: 2606
TP2: 2616
TP3: 2645
BUY ZONE: 2565 - 2562
SL: 2555
TP1: 2570
TP2: 2589
TP3: 2603
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