If you have seen our Gold chart for longer term forecast then i am sure you are aware what we are looking for on Gold at top.
This is a short term sell which can turn into very nice longer term short as well.
How you can trade on this chart.
1. Wait for the correction to complete and sell it before it breaks
2. Sell the breakdown of the correction
In case price is not going to complete the correction and going to test the impulse generation point or goin to retrace 100 percent of 15 minutes impulse then sell it from the previous high.
Dont miss this opportunity
Good Luck and share with others.
He has got so much Knowledge of the market!
Every time an asset starts or continues a strong uptrend, he calls to "short it from the top", whatever that means.
'Cause he doesn't use exact level numbers or any stop losses. You just do it. By gut feeling. Wave-Trader is here to show you the way. Or so it seems. Good luck!