#xauusd #elliottwave short sell setup wave c of 2 10Dec24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Extendedflat
GOLD - Extended Flat correction - possibility - shortPEPPERSTONE:XAUUSD
Gold has rallied to all-time highs this week, however, in the last 32 hours it has slumped by 90$ rising to the possibility of extended flat correction possibility.
in this scenario, wave C could reach 1.168 of A-B fib-extension. which is 2220 $.
Bitcoin Traders Play Tug of War as The Flat Extends SouthBitcoin has extended northwest but more so sideways than up. With B Wave extending to 1.38 of A, we can expect the all too common, Extended Flat to manifest in bearish fashion. The most common targets for C wave of an Extended Flat are 1.23 and 1.618 of Wave AB. These targets will take us down to the range of $38K - $30K; also the same level as the previous sub-wave 4. Undoubtedly, this will result in more bullish activity. Tread lightly.
This Wave count will be invalidated with a daily closure above $64,200.
Bitcoin’s Running Flat Ends With A Nasty C WaveLook out for the Ending Diagonal to form for C Wave of the extended flat. $45K remains the target.
