XAUUSD. My take on GOLD. possible could reach @ ≈ 1920.15/Feb/22GOLD chart. I still maintain my view of Gold Chart forming a triangle pattern but in different "variant".OR "worst come to worst" we might have a "flat pattern" in wave (B)( Cyan/light blue) instead of a triangle . Attached with GOLD's cycle chart. Gold's Medium Cycle No.5 (purple) almost due. Price of Gold may trending down or sideways for few months ahead until it reach cycle no. 6 (purple)..
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BJFOOD Elliott Waves Analysis updated 14/Feb/221)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
GOLD short term Elliott waves updated 13/Feb/221)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
GOLD it's expanding flat + running flat not a triangle. 9/Feb/22I try to make my chart simple.. "less messy" with fewer "lines" .. BUT wish you understand "The Simplicity/The Basic" of any chart first while I try to "convey" "The Core/The Trunk" of any charts before "branching it " out to more leafy complex entity... Everything all start or come with "The Core" value. E.g. Business, Games, Sport etc...Finding "The Core" as conquering its "weakness/strength" P/s : Discoveries / Exploitation lead to the invention..
DATAPRP Elliot Waves updated 9/Feb/22DATAPRP by breaking RM0.70 major demand zone. DATAPRP stock price might taking longer time to complete bigger size of triangle pattern in wave (4) (cyan/light blue). Price now "seating" @ the major up trend line ( cyan/light blue dotted) if monthly price bar closed below the up trend line price may moving down toward next demand zone @ around RM0.180
TOPGLOV possible on last leg of correction. 8/Feb/22TOPGLOVE. I've look back topglove's price structure, there is a high probability that it has just completed its wave E (Yellow circled) of a triangle pattern which happen most of the on wave 4 where most of the time the last waves of "correction" . That meant also TOPGLOV might on its last waves down toward around 1.600 before major "BULLISH REVERSAL! " probably just right after or before the 9 March 20222 1st Quarter Earning Report Announcement.
GOLD expanding triangle possible uncompleted. 5/Feb/22GOLD's checking from GOLD's Fibonacci time travel on wave (B)(Green) could be 2 X of wave (A)(Green). PLUS GOLD price couldn't closed above the median line ( Dashed Line ) of the parallel channel. GOLD's price could reach the lower support line of the parallel channel again to completed its expanding triangle pattern.
Facebook/Meta forming a triangle pattern ? 5/Feb/22Facebook / Meta possible forming an expanding flat or triangle pattern.. For The Long Term Bull to defeat the Bear. The 198.48 Benchmark possible need to be hold..
Gold. How Market Maker "make money" by "Stop Hunting!". 4/Feb/22GOLD possible forming a expanding triangle in wave (B) ( Green). As statistic : markets trend 30% (ONLY) of the time and they are range bound 70% of the time.. Market Maker have the "Edge Odds" on "unlimited bullet/Funds" AND probably unlimited "Patience/Time" over "retail traders" which when "market maker" have "70%" of time to "hunt" "retail traders" during "ranging market"...
GOLD short term updated 3/Feb/221)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
GOLD, We may @ wave A (Circled) ONLY of exp. flat. 1/Feb/22GOLD, we possible at wave A ( Yellow Circled) ONLY of the expanding flat ABC (Yellow Circled). ..P/S : On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprised of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves
GOLD's 1830 -The Chu Line Separating the bull & bear. 28/Jan/22GOLD's 1830 -The Chu Line Separating the bull & bear. 28/Jan/22.. GOLD's price may found its temporary "base" for wave i (cyan) @ around 1790..Where 1790 are : 1) POC of volume profite 2) Demand Zone 3)Up trend line support. As we're catching the "falling knife".. Traders may have to "reduce" their position size to at least 1/3 of "normal size" as trading against current "down trend".