Trading_Wave_By_Wave

sell gold we are in trend and this can be start of wave 3

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
6
we have what is a neckline with completed shoulders nice channel low risk high reward this can be the start of a big wave 3. like if you agree and comments are welcome.
Trade active
Comment:
what do you think guys will we break out to the top side to invalidate my idea or will we break down inline with my idea and toke home the profits?
Comment:
beautiful isnt it
Comment:

good area to take some profits
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im in short here
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at this point you got 3 choices take some profits or all, go for wave 5 or add and go for wave 5 its early its friday i would watch wave 4 termination point if broken im out if not stay in till target hit or day ends adding if not broken is good set stops well and small.
Comment:

this is 5 waves complete could ve wave 1 of 5 of wave 5 because of head and shoulders pattern zoom out you will see it clear as day. at this point im looking for correction 3 wave zigzag most likly ending on trend line to sell
Comment:

take profits here wait for next week
Comment:

almost at target heah and shoulders confirmed so its correction and sell correction and sell lets see.
Trade closed: target reached

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