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ClacicWaves
Oct 24, 2019 4:14 AM

XAUUSD on Horizontal Triangle : BUY Education

GOLD / U.S. DOLLARICE

Description

Triangles are overlapping five wave affairs that subdivide 3-3-3-3-3. They appear to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility. However, it is quite common, particularly in contracting triangles, for wave b to exceed the start of wave a in what may be termed a running triangle
Comments
ClacicWaves
Price wont go below 1500. Bull activated
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