Adjustment for new XAU/USD Long to 5 waves Long

Gold/US DollarSaxo

Description

⋅ May 6, 2020 10:38 PM

XAUUSD long to 5 waves, because waves 3 to 4 have simetricaltriangle pattern, then up to 5 wave (1.272 Ext).
i use fibonacci relationship for calculate Targets.
you can buy in 1680 or 1687, then TP 1. 1720 and TP 2. 1751, SL 1670.

*NOT 100 %, but you can use this for learning.

Comment

⋅ May 7, 2020 6:20 PM

TP 1720 done 🙏

Comment

⋅ May 13, 2020 12:59 PM

next TP 1721, 1738, 1751