This huge ABC, regular flat seems to be completed, as we notice a spike under the previous A corrective wave, which now got knocked against the ancient weekly resistance. I suggest to get into the long trade now by 50% then the other shot of 50% at the breakout of a correction in lower time frames.
in a pure technical analysis, we can admit that the impulse move is finally done, now we will live a quiet long correction before the second impulse wave. what are your analysis ?
Hello guys ! do you have any long setups for gold instead of my short one? let's discuss the probabilities
we are about to form the C wave of the bigger correction, which is the 5th on the inferior bear impulse, the 5th will make an oscillator divergence with the previous low (3rd). then we will be on the end of a super cycle II wave and launch to a huge long III and V wave !! be ready for the ride !
give me your thoughts guys! I will not short to the 4th or buy to the fifth but... once at the 5th, I will look for a short setup to take
I think that we are into a 4th wave. what about you guys ?
I already bought a part (30% of the position) if you ever find a buy setup warn me so I add the remaining 70%. and also tell me how you will manage your risk. thank you !
analysis for wave traders, I need your comments please. Thank you