Look 4H wave 5 is on area fibonacci 1 of waves 3 - 4. and corrective waves pattern ABC target price 0.382 (a), 0.236 (b), 0.618 (c). Blue line is target. *not 100%, you will learn about my analysis.*
Support 1672, Target Resist area 1705, Stop loss 1665, entry area pada konsolidasi kecil (biru). Area 1705 tertembus, maka bull market berlanjut hingga area 1800 SAXO:XAUUSD
1.618 is high level Resist Fibonacci Retracement target area 0.618 on wave 2 to 3 = wave 4 (1640-1645) target calculation. Why 0.618? because 1.618 have relation of 0.618 (1/2 of 1.618). Bull Target 1765 - 1800 Done 😙 #not 100% accurate Believe in your self