Gold Elliott wave analysis with 135 impulsive wave live example
leading diagonal in wave 1 and 3rd wave extension and 5th wave top at 1829
after the 5th wave correction has made retracement up low of 4th wave.
higher degree expansion on breakout above 1834
trend reversal or correction from 5th wave high at 1829
trend reversal below 1800 (61% retracement)
1829 to 1800 retracement target
1830 to 1850 breakout target bullish expansion
1829 to 1780 trend reversal target
after the 5th wave correction has made retracement up low of 4th wave.
higher degree expansion on breakout above 1834
trend reversal or correction from 5th wave high at 1829
trend reversal below 1800 (61% retracement)
1829 to 1800 retracement target
1830 to 1850 breakout target bullish expansion
1829 to 1780 trend reversal target
Commentaire:
correction ended
Commentaire:
channel breakout upside - bullish trend continuation
61% retracement support at 1800
61% retracement support at 1800
Commentaire:
resistance 1850 and 1861
Trade fermée manuellement:
1805 to 1840
Commentaire:
comments below for next update
