UnknownUnicorn5711331

UnknownUnicorn5711331 Updated 

Idea backed mainly by EW count, trand analysis and chart pattern. Wish me luck. Cheers.

UnknownUnicorn5711331

Potential quick buck. Excellent RR and relatively clean traffic 2 Ur left. Enjoying small trades as much as the big ones. Wish me luck.

UnknownUnicorn5711331 Updated 

Sell trade backed by trend analysis, chart pattern and EW count. Wish me luck.

UnknownUnicorn5711331 Updated 

Buy backed by trend and wave analysis. Wish me luck.

UnknownUnicorn5711331

Sell backed by trend analysis and wave count. Wish me luck.

UnknownUnicorn5711331

Sell backed by trend analysis, chart pattern and wave count. Wish me luck.

UnknownUnicorn5711331 Updated 

If I would have to visualise my idea for this week, this would be it. Still in active long positions, with TP @ 197X and sell orders waiting @ the same level. This could obviously play in so many different ways and represents nothing else, but my own personal trades plan. As always, if you should have any constructive comments, please don't hesitate to leave it...

UnknownUnicorn5711331 Updated 

I have decided to share my intraday/smaller TF EW counts for my own and TV users mutual benefit. In my opinion, there's nothing better than a fresh point of view in regards to trading. Please, feel free to comment as I am open for constructive critic. Many thanks. JF.

UnknownUnicorn5711331 Updated 

XAU is heading to ATH, but this correction would fit my map for far too many reasons. If you're brave enough to short it now as well, do it cautiously. If you prefer to enter long position, I would consider area between 178X-180X. As always, patience, good character and proper money management are required here as high volatility is likely to occur within next weeks. ☮️

UnknownUnicorn5711331

The minimum price target is the measured length X (between top and bottom of diamond), projected from the break out. Take a note of the stochastic oscillator, which signals (confirms) the break below support through the downward cross. Conveniently myTP area is also a target for developing bearish flag. As always, comment freely and blame yourself if something...

UnknownUnicorn5711331 Updated 

Pullback was/is inevitable, therefore I could see a fall to either 1860 or even 1800 and a bounce from there to about 1950-60, followed by longer term falling curve to 17XX-16XX ending about beginning of october when certain economic/political data might bring us fantastic long opportunity to fresh ATH. Just an idea. Share and comment freely.

UnknownUnicorn5711331

1. Wait for a clear breakout signal. 2. Wait a little more until definite break of the support , beware of a fakeouts. 3. Blame yourself if something goes wrong.

UnknownUnicorn5711331

1st bump @ TL 1695-1700 2nd bump @ SUPPORT 1670 TP = 1650 (ish)

UnknownUnicorn5711331 Updated 

This count, from my perspective requires a new low under 1,693 for confidence and confirmation that new trend towards new lows was initiated. Just a speculations until then I am afraid.

UnknownUnicorn5711331

1st. 2nd minute wave may not move below 1,693. 2nd. Target for 3rd minor is 180X. 3rd. Keep in mind please, that it`s only my personal view on current XAUUSD PA. One of few different gold EW counts I am on at this moment. It`s useful as an alternative counting for you to keep an eye on or simply confirmation of your own EW skills. This is not a trading advice...

UnknownUnicorn5711331

It would be safe to say now, that if the price is rejected @ 61.8 - 76.4 fibs, then lower move might be deeper than expected. I guess 38.2 fib will let us know if it`s strong enough to HODOR.

UnknownUnicorn5711331

I think the price of XAUUSD has topped reaching the resistance line and it will start heading to the support line.