GOLD 7 feb 2020 Elliot wave + volume
I used Elliot wave analysis combine with volume analysis based on candlestick pattern.
Suspecting price currently in progress of forming flag pattern.
I will wait for confirmation by using decreasing volume candlestick pattern and rejection of volume before entering the trade.
Suspecting price currently in progress of forming flag pattern.
I will wait for confirmation by using decreasing volume candlestick pattern and rejection of volume before entering the trade.
Note
SL - 1830 TP - 1782.50
Note
if hit SL we are going to sell at the next zone 1840.0 , TP1 around 1808
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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.