Hello my dear friends,
I spotted a nice triangle forming on the top of XAUUSD. This triangle is an ascending triangle which indicates buyers in control as they are willing to buy in a higher price each time it retrace.
Resistance has already been broken with a solid close, so this downwards movement is only a retest in my opinion.
Triangle pattern usually occurs on the 4th wave of Elliott Wave, so we will assume this 4th wave is now finished. It will be followed by upwards movement which is the 5th wave.
Buy XAUUSD 1970
Stop loss 1958
Take profit 1 @1982
Take profit 2 @1994
Take profit 3 2006
Take profit 4 2017
Good Luck
Disclaimer : I am buying xauusd from 1975
I spotted a nice triangle forming on the top of XAUUSD. This triangle is an ascending triangle which indicates buyers in control as they are willing to buy in a higher price each time it retrace.
Resistance has already been broken with a solid close, so this downwards movement is only a retest in my opinion.
Triangle pattern usually occurs on the 4th wave of Elliott Wave, so we will assume this 4th wave is now finished. It will be followed by upwards movement which is the 5th wave.
Buy XAUUSD 1970
Stop loss 1958
Take profit 1 @1982
Take profit 2 @1994
Take profit 3 2006
Take profit 4 2017
Good Luck
Disclaimer : I am buying xauusd from 1975
ノート
TP 2 already hit and i am booking partial profit on XAUUSDトレード終了: 利益確定目標に到達
Target reached and trade closed with +470 pips
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。