wait for price to get to any of the target entries before taking a trade. you could also see that I have a very tight SL. The reason is that in Diagonal triangle wave 5 cannot be greater than wave 3. so we measure than length of W3 and place at the start of W5 to get the SL.
Hello Traders kindly disregard my previous gold set up. I made a wrong count. fortunately price did not get to our entry point, and that is the beauty of my setups and the beauty of the Symmetric triangle. Now that we know our E, it is important to also know that the pattern from point C,D to E is a Gartley which has a completion of 78.6 fib of point CD (XA leg)....
Gartley has 2 completion levels for the D-leg. that is 0.786 of XA and 1.27 of AB. price is currently on 0.786 level.
Price breaks the diagonal triangle after a 5 wave count was completed, I look forward for a potential shark since we have AB =0.618 and BC 1.27 our profit target (D leg) is at 1.618 of BC even though price could go down to 2.24
EN is on a bullish move to form a the D leg of a Harmonic Bat Pattern. to be able to trade this you need to find a perfect entry on the shorter TF. you can join a group of Harmonics traders via this link. t.me