crikz

XAUUSD - Last breath before the fall

Short
crikz Mis à jour   
FX:XAUUSD   Or / Dollar Américain
hey guys , i was reviewing my count on gold lately since the failed triangle idea i posted earlier , i was expecting a bullish impulse C wave but it didnt look right.
After some time i found out what's going on , we got a consolidation Wave B in triangle Formation on Intermediate Degree , with one swing left inside.
I expect a bullish move to complete the last wave then a strong impulse downwards to complete the ABC corrective sequence.
Price action diverges from the oscillator signaling something going on there , i believe this is it.
Goodluck!
Commentaire:
Please note that the triangle subdivisions are not clear zigzags - they are complex structures which i suspect to form a triangle but the same count can be used for a wave B and the whole long term fall of C wave could have already started at 1360 .
If the D exceeds the point B of triangle , the idea remains valid all the way to 800! Cheers
Commentaire:

Wave count on lower degree
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.