RationalTrader
Short

Waiting for the current impulsive structure to break soon

FX:XAUUSD   Gold Spot / U.S. Dollar
223 0 6
After a five wave impulsive structure, we're seem to be break out in an corrective pattern, forming a wedge shaped A wave.

Leading Wedges like the structure currently forming can only appear in the 1st wave or the A wave, supporting the idea ( Elliott wave theory).



Comment:
snapshot


Proposed wavecount on 4H chart
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out