Get started

Wave-4

GOLD (XAU) 15min - EW cycles: Wave (C)We are going above than expected in the last idea (linked below), but i still think that we are in a Wave (C) before of a new low (to 1640 - 20 area), according with my counts. Precisely, it looks to me that we stay inside the last 5th wave of a "zigzag" ABC (5-3-5) where the first 5 (the relative A) are a w-x-y-x-z. I stay convicted that we are into a big correction so far, and only a break above 1826 (the final confirmation would be 1840) will invalidates this count. So, here is published the whole counts from March 8 in 15 min TF to monitoring what happens. Final levels to watch at (if 1790 will breaks) are: 1804, 1806, 1811, 1815, SLs should be above 1826 - 30 levels. Above that area i think this idea of the C will be invalidated cause in that case we may stay into the new Bull Cycle (the big 5th wave, precisely 3rd of 5th). I will post comments with updates of the counts here and on my old idea (on bigger tf). "Like with Cheers" would be appreciate if u like my work, thanks you so much! ;) May the pips be with you...
OANDA:XAUUSDShort
by fra978
BTC heading towards 70k+Two charts side by side Chart broke stride at A) We then ranged and formed a descending channel which ended at B) Strong demand came in a seen by the selling climaxes at B) (Look at volume) At C) we see a triple bottom D) Is the breakout of the range - most likely will close above horizontal dotted line Expecting a continuation upwards therefore will add to spot position on the break of double top at E) If you have any questions, let me know :) Have fun trading - Jeremy
Long
by MovingAveragee
1