We setup a wave 4 movement yesterday from my free channel, idea trade for 2010 level Now the gold has a nice rejection at 2010 level, then has a water fall down If you know when to trade and when not to trade, you are one step ahead. That's why I love Elliott Wave.
As I mentioned earily, gold has a potential reveral at 2048 level possibly, now it has a water fall. from 2048 to present, running 700 pips already, let's wait the abc correction complete the wave c of wave 4 Let's focus on 1960 level and to see what it happen. We've entered the trade yesterday, running 400 pips Before After
The wave 5 is almost completed, and now may have ABC wave, let's target to the 1.08 level to complete the wave B and it may sweeps the LIQ, then up down to the target.
Weekly chart analysis, we are at weekly wave 2 and formed rasing wedge at the weekly supply zone. Let's wait for breakout the line.
At the last week, we catch the good entry zone from the bottom, and running 600 pips more The price may retrace to Fib 0.382 level to formed a symmetrical triangle, then push the price more up
4H - Gold the subwave 5 may completed at this stage, because H4 has a impulse + raising wedge, so let's try a short trade here. M15 - Gold How we entry this trade, The price hit the HTF POI, then formed the BPR, so that is our 1st trade here at asian session At the London open session, we entered at FVG as 2nd trade, then entered the retracement at BB + IFVG...
At last week, I mentioned that the price will retrace to 1980 level, that is a good demand zone at H4 time frame then shoot up, hope you guys catch this BIG movement around 400 pips Now let's wait the price sweeps the BSL, then look back to the IFVG+Demand , that is a good entry opportunity At this month, Gold may has a uptrend potentially in order to purge the...
We are definitely gonna reach for that BSL this year and make new all time highs. I am thinking we touch the retail resistance level this month then come down again in May to a demand zone for the given Dealing Range. This is to make retail think that it is real resistance to build more BSL at that level. I suppose that the wave 5, sub-wave3 will purge retail...
As I mentioned a weeks ago, gold may has a potential up and focus on E points Now holding 700 pips running and final target 2060 to 2090 will hit soon Looking at a retracement at demand zone + fvg , around 2005 level, and need to check some confirmaion.
As I mentioned last week, focus on E point, it may formed wave 5 and shoot up Today, the price has a H4 liquidity sweep, then hit the POI. At the POI, the price has a good interaction with POI Let's look M15 chart, when price hit the POI after sellside liquidity sweep it has a smart money reversal after hit the POI, it has a very good risk and reward to place a...
We hold this trade almost a week, and catch 1100 pips! at this moment, oil expect move a little down then keep to go up but at this moment, the candle is not closed yet at the daily timeframe once the candle is closed above the falling wedge, it may toward to 90 level Let's be patient and wait the price retrace.
USOIL may formed falling wedge at daily timeframe If the price breaks the falling wedge, expect to has a pullback then move up to the expected target arround 90 level We need to focus on the top of wedge and observe how the price working. It's a very long trades, hope you guys catch and enjoy profit and have a nice weekend.
Last week, we place a trade from the bottom after price breakout the falling wedge and move invalidation level to wave 1 high now, expect the price move toward to 99.4 level, then have a small pullback to complete wave 4, then shoot up to complete the wave C Hope you guys catch this BIG move as...
From the H4 chart, it may formed subwave 3-3-3-3-3 of digonal at wave 4 Looking at M15 time frame, it has a upper trend, the chart tell us, gold will shooting up soon. Focus on D and E points. We can place a trade at the OB zone around 1962...
USOIL is showing us a really nice ending diagonal , consisting of 5 waves subdivided into 3-3-3-3-3. We can see that we are now in the wave A, and has a good entry at the pullback after the price break the downtrend So we can suppose that wave B is running. Goodluck and as always, trade safe!
Look at the bearish trendline , Moving Average is moving to the top point of bearish trendling and Stochastic Oscillator may has a cross down at the bearish trendline of the top Elliott tell us we are in the Wave C, then we divide into 5 subwave Watch for price to move up a little more at the sell zone, then we catch wave 3
We're in the wave 4 at 4H TF, usually it may has a corrective wave We have 2 targets to take a look FVG zone, I've marked the price at the chart Demand zone , I've marked the price at the chart If the price has a reversal at the FVG zone, it may has a running flat corrective wave If the price has a reversal at the demand zone , it may has a flat corrective...
Rule is rule • Impulse wave subdivide into 5 waves. In the chart, the impulse move is subdivided as (1), (2), (3), (4), (5) in minor degree Wave 1, 3, and 5 subdivision are impulse. The subdivision in this case is 1, 2, 3, 4, and 5 in minute degree. • Wave 2 can’t retrace more than the beginning of wave 1 • Wave 3 can not be the shortest wave of the three...