HG1!: π6h
A big review of this asset is planned for the first half of next year, but decided to make a small update to the count, as the current sideways formation looks very much like a bullish contracting triangle that is about to be completed. On completion of the final wave E of (B), there will be a good trading setup for a long position.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
A big review of this asset is planned for the first half of next year, but decided to make a small update to the count, as the current sideways formation looks very much like a bullish contracting triangle that is about to be completed. On completion of the final wave E of (B), there will be a good trading setup for a long position.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
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