With every wave accountable for on the whole track, setup for the last leg of trend resuming down, target new low.
Minor correction (iv) is nearly complete and getting ready to resume trend down. Setup for shorts (trend following) near 1295 for new low.
Approaching entry zone for shorts Trade Plan: Short at the entry zone near 1890s with an initial stop loss at top of wave {ii}, target a lower low, for a risk/reward > 25.
Looking at resuming up trend of wave b from 22 June low, completing wave (c) of b. Expecting new high towards end of March
A medium term long setup towards a higher high in January next year with a potential risk/reward ratio of 10
Setting up medium-term with specific entry & target area and tight stop loss for min. risk - R/R > 19
Probing for the bottom on this pair as BTC is heading towards a high
Gold is trending down since 9th of November high on a wave (c) of a. Setup for trend-following shorts on retracement near 1860.