celescu

Elliot wave idea

FX:XAUUSD   Gold / U.S. Dollar
271 4 1
There is a confluence of waves of different degree at this time.
All indications are that there will be a correction next week toward B that can reach up to wave-5 in 1180.
It may be the beginning of a new wave of higher grade (I)
If the count exceeds 1180 will be invalid
When finished wave B, we must find signs pointing his final&start wave C
and it's time to go short to get its length, as it will be up to 1350

Elliott wave spanish blog: http://piensaenforex.blogspot.com.es/
wich is the most probable B target?
Reply
celescu Gavriel1
the answer is not easy, but i doubt B is below (5), 1180
Reply
Wave B has been shorter than forecasted. Now In wave C (must have 5 minor waves) most probable is a retracement to 0,382 before proceeding to target around 1330
Reply
that chart will change?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out