ali_babaei

ali_babaei

What it seems is that we are in the rising wave 5 and now we are waiting for the formation of the corrective wave 2 after the formation of the rising wave 1.

ali_babaei

📚 Regarding gold, let me say that two w.x waves have been completed and we are looking to complete the y wave. If there is any question, I am at your service.

ali_babaei

What it looks like is that wave B has ended and we should see the beginning of wave C. This type of correction is called zigzag.

ali_babaei

What it looks like is that the price is building the w .x .y structure. The y structure is not finished yet, so we wait.

ali_babaei

What seems to be the end of the 5 increasing wave and the short correction of the detrim and the start of the upward rally again

ali_babaei

It seems that the wave a has ended ... so she was waiting for the rise of wave b ... the area of 134.214 is a heavy resistance.

ali_babaei

Waves X and W have been completed, now there is wave Y...to complete this wave, we need to correct a fall

ali_babaei

As it seems, the dollar index has taken a downward trend, so it can be expected to fall

ali_babaei

Gold is at the end of wave 2 and now it can start a bullish wave 3...we are now in the corrective waves of wave 2...and we are waiting for a bearish wave 3 to start after a bullish pattern...

ali_babaei

We are looking to take profit from the ABCD pattern. The CD wave has not yet formed, so we can enter into a buy transaction

ali_babaei

It seems that the Japanese yen is on the path of wave 4...and wave A of wave 4 has ended and we are on the rise of wave B.

ali_babaei

After completing the five increasing waves...we were waiting for the beginning of the three corrective waves, and now the C wave is starting...so we can enter the sale transaction.

ali_babaei

What it looks like is that the 3rd wave of decline should be completed and the 2nd wave is completed with the correction as A.B.C.D...we will enter the TB trade with a loss limit.

ali_babaei

What seems to be the completion of corrective ABC waves... that wave C is not yet completed and can fall in 5 steps.

ali_babaei

It seems that the Japanese yen is on the path of its corrective wave A...and in the lower time frames it is clear that wave 5 of this good movement continues....

ali_babaei

In order to understand the daily chart of the previous idea, I put this idea. If any of your friends have an opinion about the Elliott waves counted in this chart, let me know.

ali_babaei

Gold is moving to complete its upward wave 5...what appears to be two waves 4 and 5 on the daily time frame have yet to form.

ali_babaei

What seems to be that wave 4 and wave 5 have not been formed in the daily frame so we will see a short climb to complete the wave of 5