Still expecting this pattern to play out.
Expecting price to bounce from this zone and break the last high.
Im thinking we should see a similar fractal as highlighted on the chart, before moving down.
Its always good to look at the bigger picture and to know where price is moving too, this is my monthly view.
Gold tends to produce very clear cut patterns, and is fairly easy to predict. I think we should see a very clear further move up, to complete the ABC then we should get the drop we are expecting.
Small move down expected from this 4h SUPPLY zone. This should then complete the AB (extended) C before hitting the lower DEMAND to move up.
Price should now be free to move up to break the last high
Not long until we see the end of this corrective downtrend, once complete, we should see the new uptrend begin.
Almost perfect signal to go short, completion of a very clear ABC and also a reaction from the zone. Short trades expected.
We should pretty much see the pattern Ive mapped out. Nice corrective pattern developing.
Really nice pattern been playing out on the CHF. Chance to grab a nice long from here ro break the last high.
The great thing about wave trading is it goes hand in hand with my way to plot supply and demand. Lets wait and watcvh this pattern develop.
Expecting a small corrective patterm here, before seeing a move down.
Keep an eye in Gold because if this the time for the drop, it may be fairly sharp.
Pattern looks decent and the ABC correction lining up with the imbalance zone. Keeping an eye on this one.
I believe 2019 is going to be the death of many coins unless they really prove they have a real world use. We only really need a handful of alts, so this year will be the coins with the hardest working team. Verge still has a bog drop to happen yet, could it be the end? lets see.