Wait for bearish confirmation and sell.Kindly give me a comment or a like if you like my analysis .Good luck in your trading
Im very optimistic that we should wait for a retracement around 1865 area for long term buy entry as we move upwards in a strong wave 3 momentum kidly wait for confirmation before buying thanks! If you like my analysis kindly like or comment below good luck !
Wait for a retest and sell the downward wave 5 to the lower parallel line
As per the wave principle we are on wave C correction to the upside which is a 5 wave move .you may hold your longs and watch the PA at the next resistance level to take huge profits Im convinced that we are still going up since the 200 MA is still below PA Disclaimer :Trade with risk management my wave count may be different from other traders.
im expecting a move downwards towards the lower pitchfork parallel line.According to me we are in wave 1 and expecting a five wave move ie impulse before we go up for a retracement. Disclaimer :Kindly feel free to correct my count where necessary
Hello traders welcome to my weekly review of XAUUSD ,I'm of the view that this week we shall have a continuation of an uptrend to complete the final wave 5 to the upside .Currently we are at the start of wave 3(minor) of 5 ( bigger wave)which is often the longest among the impulse waves .The 200 MA acts as support and its still below the price action implying...
we are on continuation of an impulse wave 5 to the upside,buy all the dips in case you miss any upside move.My projection is that this week gold will reach 2070 and form an all time high ....with the major players coming in the trend is bullish throughout the week. Disclaimer:My wave count may be different from other elloticians !
Hello traders ? Here is my projection on this pair XAUUSD .The trend is still upwards as the price is above the 200 MA .I'm expecting that the upward move has already started to complete the final leg of wave 5 of 5 (the bigger wave). The second scenario is that it may retrace upto the fib level .382% before shooting upwards.I wish you well in your trading week...
We are on a correction phase that is wave 4 ABC to the downside as per the wave principle,the retracement might reach at the dotted trendline then move upwards to complete the final wave 5.... DISCLAIMER:My wave count might appear different from other elloticians but this is only my perspective towards this pair .Feel free to correct my wave count or give any of...
The pair is still bearish until wave 5 is over to the downside,this has been confirmed by the moving average 200 which is still above the price action & also the MACD indicator indicating a strong downward momentum... DISCLAIMER:My wave count may appear different from other analysts ....trade your plan
Expect a very bullish move to the upside,you can use your entry technique to enter this wave 3 to the upside which is usually the longest wave. DISCLAIMER:The wave count is subject to change at any time .This a'int a sure bet .Use your position sizing technique wisely.Success in your trading