DID YOU TAKE LONG AT 1781, THE EXPECTED GREAT LONG OPPORTUNITY?
✅PREVIOUSLY ON GOLD
There's 5 waves from 1721 to 1877(lime2 - lime3) and we expected the strong bearish waves.(Rule of alternation)
✅WHERE WE ARE
1877 can be thought as 3(lime). if so, we should've waited for 4(lime) to be bullish again.
Lime12 correction was zigzag, so lime 34 correction should be straight, which explains the crash after 1870.
Because Fib38.2 has been broken, Fib61.8(1781) was the next support.
Also, there is the strong support line around Fib61.8.
1781 would be 4(lime) and it's bounced off at 1778.
If my counting is right and the daily candle closes bullish, we can expect the bullish impulse.
*As long as 1721 remains unbroken, this idea is valid.
💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
There's 5 waves from 1721 to 1877(lime2 - lime3) and we expected the strong bearish waves.(Rule of alternation)
✅WHERE WE ARE
1877 can be thought as 3(lime). if so, we should've waited for 4(lime) to be bullish again.
Lime12 correction was zigzag, so lime 34 correction should be straight, which explains the crash after 1870.
Because Fib38.2 has been broken, Fib61.8(1781) was the next support.
Also, there is the strong support line around Fib61.8.
1781 would be 4(lime) and it's bounced off at 1778.
If my counting is right and the daily candle closes bullish, we can expect the bullish impulse.
*As long as 1721 remains unbroken, this idea is valid.
💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
