Idea is based on a combination of Elliot Wave, Fibonacci extensions and median line analysis. The rationale behind this technical analysis is shown on the chart along with specific targets and stop losses. Good luck guys!.
I've got a question ~~~~~~ If I can ask it so it makes sense ~~~~~
Perhaps you just abbreviated the last of Blue wave V but,
If a wave V normally subdivides into 5 waves for completion, and,
gold wave 5 ends about 1.7216, then, what are the 2 waves -
red and blue that complete up to the Blue wave V @ 1.7365 ?
I try again if I need more clarification.
thanks for your thoughts !!!!!
NQunlocked
⋅
Hi dojitrader, sorry for the late reaction, haven't been able to contribute a lot on TV these past two weeks. That golden wave is a subdivided one...as for the blue one,,what iam trying to say is that I expect a new small subdivided wave to take us all the way to 1.7365 before a possible major correction, Hope that makes sense I will try going long after a close above that blue line...good luck
Perhaps you just abbreviated the last of Blue wave V but,
If a wave V normally subdivides into 5 waves for completion, and,
gold wave 5 ends about 1.7216, then, what are the 2 waves -
red and blue that complete up to the Blue wave V @ 1.7365 ?
I try again if I need more clarification.
thanks for your thoughts !!!!!