A Flat Correction is Always Slow (Must read the description)
What happens with Gold?
So many questions are heading me that is why I am posting this.
Gold is moving in a range, this trading is a scam, market makers are manipulating, liquidity sweep blah blah blah.
If you have knowledge on Flat Correction then you will understand properly why this price movement is like this and it is an awesome wave to make profits.
In other word the best corrective wave a retail trader can ask for..
Now understand what is flat correction?
Basically flat correction is a formation of 3-3-5 moves. First 3 move is called A, second 3 move is called B and the last 5 move is known as C which is an impulse move.
Here in chart I mentioned first 3 moves as ABC which is our "A" and the second 3 moves as ABC which is our "B" and the last 5 moves as 12345 is our "C"
I can expect that the C may finish in 1970-1980 zone.
Best funny part of this flat correction is I have drawn a trend line of 0B. This trend line will not be broken until the correction is over.
Now tell me if you have knowledge regarding this then trading is so simple, isn't it?
So many questions are heading me that is why I am posting this.
Gold is moving in a range, this trading is a scam, market makers are manipulating, liquidity sweep blah blah blah.
If you have knowledge on Flat Correction then you will understand properly why this price movement is like this and it is an awesome wave to make profits.
In other word the best corrective wave a retail trader can ask for..
Now understand what is flat correction?
Basically flat correction is a formation of 3-3-5 moves. First 3 move is called A, second 3 move is called B and the last 5 move is known as C which is an impulse move.
Here in chart I mentioned first 3 moves as ABC which is our "A" and the second 3 moves as ABC which is our "B" and the last 5 moves as 12345 is our "C"
I can expect that the C may finish in 1970-1980 zone.
Best funny part of this flat correction is I have drawn a trend line of 0B. This trend line will not be broken until the correction is over.
Now tell me if you have knowledge regarding this then trading is so simple, isn't it?
Comment:
READ THIS POST BY TAPPING IN CHART IMAGE
READ THIS POST BY TAPPING IN CHART IMAGE
Comment:
Price again fails to break the OB trend line that means Flat Correction is still going on ....
Price again fails to break the OB trend line that means Flat Correction is still going on ....
How market respecting each and every "Supply Zone"
Making money in this game is simple if you know how to play ...
Boost this post if you want to get more about these waves.