Ily14

wave 4 terminus trading wave 5

Long
Ily14 Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
so based on the waves we are in wave 3 in its wave 5
looking to go bullish trading wave 5 and trading with the big trend
on the 1h looking for divergence between wave a/c with a lose of momentum and rejections candles on that fib s/r zones with a spike to the upside indicating the power of the bulls

on 30m looking for the break of structure higher high/higher low and the break of that higher high that is my entry signal

on 15m I'm looking for ema's crossover and an entry

stops bellow previous structure
target 0.618 of wave 3
Trade active
Trade closed: target reached
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