Today we will talk about GOLD and its price action + wave structure from Elliott Wave perspective.
Well, GOLD was sideways with a slow price action for the last couple of weeks, which we see it as part of a bearish triangle formation in wave B. However, we know that triangles cannot occur in wave 2 and this is the main reason why we think that GOLD...
Currently have 2 positions on this, 1 entry on the 1Hr TF and a second on the 15min TF. look for sells to the downside when possible. Created a lovely double top and now we seem to be heading to the downside
Good morning Traders
This is my primary count for COMP.
Seeing this entire corrective move as a larger wave 2 after an explosive W1 from $33 to $373 on Uniswap back in June.
Ultimately looking for much higher as the DeFi space grows in a bull market but targeting $305-$311 for now before a final 0.618 retracement to complete a potential running flat to...
Good morning traders,
We have seen some reversal down from the high in the last few days, so I am wondering if BTCUSD is maybe headed down for a deeper pullback.
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