All is on chart. Targeting 1305 area before correction prior to higher targets.
All is on chart, Micro wave 4 possibly pulling back to test top of channel. Then, finishing at 1, 1.62 or 2.62 of wave 3. Then, expect a correction before more upside. Or more sideways as we've had for weeks.
Not a trade. Keeping an eye on the bigger picture.
Watching price action here at this level. Will post hourly charts below for trades.
All on chart, short could test breakout, NFP could bounce it off at .707 pullback to continue long.
All on chart. Loving watching Elliott Waves combined with Channels.
All is on chart, it's just a quick reference.
It was correct that gold had a few combos to push time out via abc xabc to wxy and show us a better and hopefully final Minuette Wave 2. Wave iii should be 1.618, 2.618 or 4.25 of wave 1 so our first target is 1274. This is wave 3 inside Minute's wave 3 so it should contain some big moves. Look for a 1h channel breakout and the upper may provide a test...
Watching gold as we moved so far this week with low vol. Some Asian markets were closed due to holiday but no change today but slight increase in vol. FOMC tomorrow so market could be cautious yet my trades are 4h and higher so not too worried other than to say I am long, stops a few dollars below bottom channel... under where 4th wave would be considered deep....
The final day of the month, finishing Trump's first quarter. If the markets push for a positive close, I'll hold these shorts to finish once wave 5 starts and we break the original downward hourly channel. Here I'm showing on 4h since it's a little cleaner of the lower TF noise. RSI can print a higher low even if PA prints a lower low so I'll keep an eye to see...
Big decisions lay ahead. All is on chart except timing. So watch closely. Not a trade , I only mainly trade gold so just more of a resource. This is very different and far away from my related DXY chart daily.
All is on chart. I'll post hourly updates. This is mainly a reference for me and my trades, track success and failure, learn, etc.
All is on chart. Opportunities in both directions. Will post supplemental charts daily.
Just wanted to share. I feel 4th is complete but will know soon. 5th wave depends on 4th for measurement (100%, 1.62%, or 2.62%) but here I show a shallow .236 for 4th wave which would now be complete. It could possibly go to 38% or 50% of 1st wave. I do see a possible right shoulder developing so I'm keeping an eye on it, and placed rough idea of target too.
Watching 1209, watch for channel break; is short take a breather? Then let's see how deep it wants to go...
All is on chart. Not a trade; mainly just for reference.