thenry

Shorting Oppurtunity

שורט
FX:XAUUSD   זהב / דולר אמריקאי
8
Currently believe the move up (double zig-zag) is complete. Appears both "C" waves have ended in diagonals. We are now in an ABC down which is also finished to create an "A" wave. Expecting prices to move up on Tuesday to test the 1157.90 area. This would be our "B" wave. This "B" wave needs to break the minor trendline but not go above the "X" wave. (If it does this whole idea is incorrect) After that am looking for the final "C" wave down to end this correction. This move down so far (pattern-wise) reminds me of the daily move down from the very top of "2016" (Crazy) The red dotted line is the Bearish trendline down.
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.