TradingView
nmkvijay
Jan 13, 2019 7:28 AM

TRIANGLE OR FLAT MAY OCCUR IN 4)TH WAVE... 

GOLD (US$/OZ)TVC

Description

READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS
All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted the new chart for the same pair, it could be a possible wave count or update. Make sure that old one was invalid or possible or alternate wave and the new one is valid. Good luck and cheers.
Comments
nmkvijay
i am in sell side only...because expecting the 5th wave buying in end of the 4th ave is very difficult...so be on sell side on gold...means if it comes to the high try to sell in small lots..if it goes well then u can add more in the PB...may be my wave count may change instead of placing 1,2,3,4,and5....if we place w,x and y then the wave may end @ 1298.15 too...so be cautious....in buying...
nmkvijay
if break the high 1298.15 is valid for the 5th wave...so be cautious its not it has to reach 1313-1330...its a valid pattern if break the 3rd wave high
More