Começar
joe-abdallah

Irregular but effective setup for Gold

Viés de alta
Ouro/Dólar Americano (OANDA:XAUUSD)  
joe-abdallah  
OANDA:XAUUSD   Ouro/Dólar Americano
Trend Analysis Wave Analysis Fundamental Analysis wxy contractingtriangle Fibonacci Extension irregularcorrection Gold XAUUSD fed yen DXY
2
2
trendanalysis waveanalysis fundamental wxy contractingtriangle fibonacciextension irregularcorrection gold xauusd fed yen dxy
As we can see on the chart, WXY pattern is clear with an irregular X wave (because of yesterday's Fed news), but still valid and didn't break the low of wave W.
A contracting triangle is forms wave B in the ABC pattern for wave W, even if a huge wick went out of it: closing above the downside of the triangle, this candle on H1 shows that the setup was still valid (second irregular form). Wave Y can be the extension of 0.618, 1 and fib level of wave W and X, to give a chance to this sideways trading market to take a direction.
Wait for 1690 and 1700,

Goodluck,
Joe.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.