tynfx_orb

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tynfx_orb

The price is now developing wave 4. Gold price are still rising for several weeks. I am waiting for the price to move in the range of 2270 - 2240 to order a buy position with the expected profit target being in the range of 2500 - 2600.

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Feel so bull for the next few months. The target is around 2870 price level.

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The flag pattern on the high time frame (D&W) has been broken . In the coming weeks, the price may continue to strengthen until the end of the month with a strong bull candle. The targets of wave 5 are at the 2100 - 2300 levels.

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the price is currently moving in a correction wave (wave 4)

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Forming a rising wedge pattern which is part of a correction wave.

tynfx_orb Updated 

The price may continue its uptrend by forming a pennant pattern which u can see on 4H tf.

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Price bounces on the ascending trendline . Most likely the chart will form a double bottom pattern . We will also find the possibility of forming a morning star chart pattern in a monthly time frame.

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The price bounced at level 210. in the weekly time frame we get a bull candle. price is testing dynamic resistance (MA) to further test neckline resistance area.

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The price has broken out of the downtrend channel. Become potentially an invrted hns pattern.

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The price has broken out of the flag pattern. Get ready for the next wave. DYOR

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Become potentially an invrtd hns pattern. May this month's candle be an impulse candle. (which moved above the high of the previous candle). Any idea? Drop it in the comment box.

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The price has broken out of the falling wedge pattern. And get ready to break out of the descending trend line. DYOR.

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ABC correction has been completed. The price has broken through a bearish channel with an impulse wave. What's next? wait for a continuous pattern to form (wave correction). DYOR.

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Shiba is ready for wave 5. For conservative traders, wait for the price to break out the wedge with large volumes. DYOR.

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the price has broken the trendline. for now, the price seems to be moving within a falling wedge pattern, which we can also count as part of the second wave (correction wave) of the elliot wave theory.