Hello everyone
As I mentioned before, my ideas in hourly timeframes in correction patterns have many uncertainties and they are just to give you an idea about what might happen. You must not rely on them and get in any positions till you have reliable confirmations.
My ideas that do not have Fibo level and is in general view are only to give you a view.
For this chart I will provide precise details if it follows my counting (in correction form) to get in the wave 5.
As I mentioned before, my ideas in hourly timeframes in correction patterns have many uncertainties and they are just to give you an idea about what might happen. You must not rely on them and get in any positions till you have reliable confirmations.
My ideas that do not have Fibo level and is in general view are only to give you a view.
For this chart I will provide precise details if it follows my counting (in correction form) to get in the wave 5.
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if it rise up to 2330, so this price break out can be a reliable confirmation for up ward trend.
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But do not forget that we are in wave 5 and trading in this wave has many SL touching.
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As you know most of 5 waves are aggressive and sharp and what is happening here is not like a wave 1,2 of wave 5. It might be wave B and we will have more corrections for the next week. I do not trust it until it passes 2430.
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we can not decide about it till it passes 2380
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ready to deep dive
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I think red wave (B) was WXY and this wave (C) of wave 4 primary.
Forth waves are too tricky in Gold market.
Forth waves are too tricky in Gold market.
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we are in wave 3 of C of 4
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Gold is done for this week.
Have a good weekend everyone.
Have a good weekend everyone.
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It seems that wave 3 finished and wave 4 is in progress
AMA