Made 5 waves for the C. Expect an impulsive move to the upside.
Commentaire:
Did not mention this but it did tag the 27.20 fib at 1285. The fib dont mean much but rather the move towards the fib is the essential part. I can count 5 waves completing that C wave. Can you ?
Commentaire:
Did not make a setup to buy. I believe it will breaking down and then reversing. Just more sitting and waiting for the setup.
Commentaire:
Looks interesting now. Keep an eye on the buy setup.
Commentaire:
Looks interesting. Keep an eye on it
Transaction en cours
Commentaire:
stop at BE. Potential one more down. If it takes me out and breaks upward ill just go in at a higher price.
Trade fermée: ordre d’arrêt atteint:
BE. Seems like that potential one more down is happening. Regardless, more waiting and sitting again.
Commentaire:
Just realised this. You got the first impulse (arrow). The third impulse and now is this the final 5th one?
Commentaire:
Will the impulse be strong enough to change the trend?
Commentaire:
Hmm.
Commentaire:
Note to self. If this is the trend change. This is a IRREGULAR flat. Small C move towards the low but cannot reach it and changes direction. We will see.
Commentaire:
Trend change thanks to trump calling off the north korea summit. Look for buy setups.
Transaction en cours:
boom. Lets go. stop at BE
Trade fermée: ordre d’arrêt atteint
Commentaire:
Waiting for it again. Frustrating that it cant get going.
Transaction en cours
Trade fermée manuellement:
Choppy but i will wait and let it break out of this. Most likely to happen during NFP but if it manages to grind towards new lows. I might be tempted to get in a bit.
Commentaire:
Bit bigger picture. Maybe one more down ?
Commentaire:
Another way to look at it since it reversed even tho NFP was good.
Commentaire:
Gold has been stubbornly going sideways for at least a month now. We got FOMC/BOJ/EU hopefully one of them will decide this. Just waiting for the impulse.