Hello traders, Gold in 4-hour timeframe, this analysis is prepared in 4-hour timeframe, but has been published for a better view in 8-hour timeframe.
In this analysis, I examined the wave d at higher timeframes.
In this analysis, we considered two possibilities:
First possibility: wave b is complete and wave c is forming and wave c will be formed as 5 waves, wave 1 is being completed and at the same point or the price of 1840 (if the price exceeds the price of 1840, wave 1 Of the extended type) means that the canal roof will be complete.
Second probability: Wave b is not complete and wave b microwaves are forming from Wave b (this probability is confirmed if the price corrects more than 1760).
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
In this analysis, I examined the wave d at higher timeframes.
In this analysis, we considered two possibilities:
First possibility: wave b is complete and wave c is forming and wave c will be formed as 5 waves, wave 1 is being completed and at the same point or the price of 1840 (if the price exceeds the price of 1840, wave 1 Of the extended type) means that the canal roof will be complete.
Second probability: Wave b is not complete and wave b microwaves are forming from Wave b (this probability is confirmed if the price corrects more than 1760).
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️