RationalTrader
Short

Waiting for the current impulsive structure to break soon

FX:XAUUSD   Gold / 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
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