SamNattakorn

Expanding Diagonal, Wave 5 stops just short of reaching the Wedg

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Expanding Ending Diagonal Wave 5 must go beyond the end of Wave 3: No "Truncation".
In Contracting Diagonals, Wave 3 is always shorter than Wave 1,
Wave 4 Shorter than Wave 2, and Wave 5 shorter than Wave 3.
In Expanding Diagonals, Wave 3 is always longer than Wave 1,
Wave 4 longer than Wave 2, and Wave 5 longer than Wave 3.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.