ElliottWaveStats

XAU_USD -Short Counter Op.Wave v Target

ElliottWaveStats Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar




Ok, my only indicator signal has turned now in a Full Short( at first) Bottom Signal supported but the Pattern+ FB numbers´ current position, between 1,248.80 $ and 1,247.10 $

So these are the margins I took:


Counter:

Entering Buying Point: 1,252.50 $
Target:1,261.27$ Wave v.

Indicator Bottom /Stop Loss :1,248.80 $
R /R Ratio : 2:37

Count in that the reaching of 1,247.10$ is still possible, and that this margins are the "Short Range Target", but the full Ride coul be bigger.


Trade closed: stop reached:
See the next idea.

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