richardlabodi07

richardlabodi07

price is near by 78,6 fib

richardlabodi07

Hello Traders ! I just made one of wave analysis. I think , short therm Long bcause (wave 5), and then short the (ABC correction) Be carefull ! Have nice weekend !

richardlabodi07

On h1 price action 3 touch done , and elliott wave 2. wave done , keep going wave 3

richardlabodi07

Hi Traders! it's over the wxyxz double combo wave of E.W. So the Z wave finished on 161,8 fib. extension level. I think can make some short trade on this pair.

richardlabodi07 Updated 

Hi Traders! On H4 formed one of head and shoulders pattern , the neckline have on same way just like fib 32,8 level, and the price test back ( formed one bullish flag pattern )around on this level

richardlabodi07

Hi Traders ! I have to identified one Shark harmonic pattern on D1 timeframe, and we have one of triangle on H1 timeframe. I waiting for triangle breakout on H1 and take a short trade. Tp: D1 shark pattern D to C fibo level 32,8 % @~1.26990 sl: 1.31900

richardlabodi07

Hy Traders ! We have to finished the wave 3 and now start to wave 4 . cp.: @ 1223.00 Tp1: on fibo 23.6 @1289.71 TP2: on fibo 38.2 @1268.78

richardlabodi07 Updated 

Hy Traders ! I have to identified one of correction wave (ABC) , we have to finished the impulse wave (12345) it was exactly the fibo levels that waves. Now we have in finished the B correction on 61,8 fib level and made some nice rejection , so I think its will moving up to C point.

richardlabodi07

Hy Traders ! I think XAUUSD will be long for swing trade b'cause end of wave 4 (in 23,6-38,2 fibo zone ), and made some nice rejection on weekly trendline. So keep going up :)

richardlabodi07

The B correction was over , and right now we has rejection from trendline and 78,6 fib level. I think we have good point start long position in wave c , to the daily fib. 61,8 ( ~ 15850 ) .

richardlabodi07

Clean and simple ;) Good luck Lads and happy new year :)