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AlejandroCL7
Dec 15, 2016 7:23 PM

Elliott Wave count. Long

Gold/U.S. DollarFXCM

Description

As you can see, we are doing some corrective waves from the impulse down made from 1900's to 1040. In the chart, Y has reached 1.618 Ext of W with his inner 5waves impulse. So im expecting this move down to be finished and we make our way to C of the cycle and B og the supercycle. I'm still learning EW so any suggestions will be appreciated. Aprox traget: 1450

Comment

This is the full count on Weekly chart
s3.amazonaws.com/tradingview/snapshots/h/hdelTifq.png

Comment

s3.amazonaws.com/tradingview/snapshots/c/CeFgyIOL.png
Forecast is going extremely well. We have made "a" of "C" and currently doing "b". Expecting to reach 0.382 or 0.5 Fib (where the trendline is at) before resuming the move up.
Comments
reluctantplumber
nicely done
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