so finally gold is heading to the upside to form wave 5 after a long complicated correction wave, we are in the start of wave 5 so im looking to trade wave 3 of wave 3 of 5 i waited for the structure to form, now waiting for wave 2 of 3 to finish as a double three and hit the 0.618 fib level matched with a resistance zone which will be support
_ looking for small candles near that fib s/r level indicating lose of momentum and some price action candlestick ( long wick , color change candles) and a divergence between wave a/c of 2, and a strong spike to the upside to confirm the end of the retracement
_ scale down to 1h looking for new structure after the break of it that would be my entry signal
_15m entry after ema's crossover 8/14
stops bellow wave 2
target is 1.618 fib extension of 1/2 orange
_ looking for small candles near that fib s/r level indicating lose of momentum and some price action candlestick ( long wick , color change candles) and a divergence between wave a/c of 2, and a strong spike to the upside to confirm the end of the retracement
_ scale down to 1h looking for new structure after the break of it that would be my entry signal
_15m entry after ema's crossover 8/14
stops bellow wave 2
target is 1.618 fib extension of 1/2 orange
İşlem kapandı: hedefe ulaştı
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.