From the yesterday chart posted, it may has a chance enter at 2024 level, and expected when the price hit 2037 level, it may has a little pullback But we keep hold from 5th May positions, and entry model is purge Liquidity -> FVG -> OB after MSS Elliott wave helps us to understand how the trend is continuous or ended Now today has CPI news at NY session,...
AUDUSD formed complex correction of WXY, now X point is almost completed Let's wait the price breaks the red line, target will be the Y point of blue line
Gold must break BSL then expecting bearish so sell think after buy side liquidity taken good luck
From FOMC yesterday, swept the BSL, then price rejected the supply zone, I suppose that the wave 5 was completed Now I expect to the price down to H1 OB, then pullback to orange zone, expect to catch this bullish trend around 2044 level
Daily time frame review, the price is purged the BSL, expect the price move around BB level, then BIG FALL, must to catch this long trade around 1000 pips!
In Daily time frame, price just sweeps the SSL and formed SMT, then go up, we already in from last week. If not in, watch for the bearish trendline to break indicating that we're in wave 2 retracement (correction). The lower the correction goes, the better as we've got a strict invalidation level to work with
Expect the gold may has a final correction, then go more down to completed wave 4 BUT! if it strong breaks 1960 level, we may change to wave 2 and lood more deeper Anyway, need to have a trade plan and the patience is the key
Let's calm down to review the chart by yourself and tell us what you see and your insight.
Last time we hold 25 days from the bottom to the top around 600 pips, now there is a chance to hold another 25 days to catch another BIG movement.
A few days ago, we've entered and hold 1st position around 3000 pips til now. Technically the price is going to retrace to around buy zone that I marked and expect to completed the wave 4 Then go up to sweeps the BSL(Buy side liquidity) to formed wave 5 and the expected target will be around 35400 level
We setup a wave 4 movement yesterday from my free channel, idea trade for 2010 level Now the gold has a nice rejection at 2010 level, then has a water fall down If you know when to trade and when not to trade, you are one step ahead. That's why I love Elliott Wave.
As I mentioned earily, gold has a potential reveral at 2048 level possibly, now it has a water fall. from 2048 to present, running 700 pips already, let's wait the abc correction complete the wave c of wave 4 Let's focus on 1960 level and to see what it happen. We've entered the trade yesterday, running 400 pips Before After
The wave 5 is almost completed, and now may have ABC wave, let's target to the 1.08 level to complete the wave B and it may sweeps the LIQ, then up down to the target.
Weekly chart analysis, we are at weekly wave 2 and formed rasing wedge at the weekly supply zone. Let's wait for breakout the line.
At the last week, we catch the good entry zone from the bottom, and running 600 pips more The price may retrace to Fib 0.382 level to formed a symmetrical triangle, then push the price more up
4H - Gold the subwave 5 may completed at this stage, because H4 has a impulse + raising wedge, so let's try a short trade here. M15 - Gold How we entry this trade, The price hit the HTF POI, then formed the BPR, so that is our 1st trade here at asian session At the London open session, we entered at FVG as 2nd trade, then entered the retracement at BB + IFVG...
At last week, I mentioned that the price will retrace to 1980 level, that is a good demand zone at H4 time frame then shoot up, hope you guys catch this BIG movement around 400 pips Now let's wait the price sweeps the BSL, then look back to the IFVG+Demand , that is a good entry opportunity At this month, Gold may has a uptrend potentially in order to purge the...
We are definitely gonna reach for that BSL this year and make new all time highs. I am thinking we touch the retail resistance level this month then come down again in May to a demand zone for the given Dealing Range. This is to make retail think that it is real resistance to build more BSL at that level. I suppose that the wave 5, sub-wave3 will purge retail...