XAUUSD counts
I thought i'd post this. Would appreciate some feedback guys if you can.
My original idea was this thinking that we have just finished wave 5 of a zig zag for a 4th wave correction
I have changed the count. (iii) ends where (v) used to. I did this because now wave 3 goes beyond the high of wave 1 and you can see a clear 5 wave climb for wave (iii). If this is the correct count it means (v) was exhausted and couldn't make newer highs.
This new count means we could see in a zig zag or flat correction. Just have to wait and see. I think it will creep up for Friday. Then we will see another fall next week
My original idea was this thinking that we have just finished wave 5 of a zig zag for a 4th wave correction
I have changed the count. (iii) ends where (v) used to. I did this because now wave 3 goes beyond the high of wave 1 and you can see a clear 5 wave climb for wave (iii). If this is the correct count it means (v) was exhausted and couldn't make newer highs.
This new count means we could see in a zig zag or flat correction. Just have to wait and see. I think it will creep up for Friday. Then we will see another fall next week
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.