waveslover

WAIT FOR THE BEST SPOT TO BE BULLISH WITH COUNTING WAVES 🔤

OANDA:XAUUSD   Gold Spot / U.S. Dollar
✅PREVIOUSLY ON GOLD
It's thought that the current trend is bullish, it has begun since 1782.

✅WHERE WE ARE
If 1 bullish wave from 1782 is over at 1829, we'd have the bearish corrective waves.

Yesterday's top(1823) is the fib61.8 sharp (1829-1813), thus it could be counted as B.
So we'd see the bearish 5 waves after yesterday's top.

In order to be bullish, we need to wait as my yesterday's idea says.

We have to be bullish as low as possible.
1800 looks like the good level to be bullish again.
My policy to be bullish is "as low as possible".
So, if you turned bullish yesterday, you could be just against the trend. You'll make the same mistake forever.

*As long as 1831 remains unbroken, this idea is valid.


💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible

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