DAX (18 DEC 2022) Hi, this is a DAX outlook. there will be 2 possibilities for us. First, I wonder if Wave 5 (Diagonal) ended or not. If wave 5 did not end, the price should go up to complete wave 5 first, then drop to the next corrective (ABC). If wave 5 (diagonal) end already, we will use guideline II which the price to come down to corrective (ABC) Guideline...
Gold Hi Traders, I have done my analysis for Gold using Elliott wave theory. So there will be 2 guideline for gold. _____________________________________________________________________________________________________ Guideline I: Degree#1 M: wave 4 (if ended) Degree#2 W: wave x/1 (exp. flat) Degree#3 D: wave c (if ended) Degree#3 D: wave Z Degree#4 4H: wave...
In the gold, we have traded expanded flat and now the price is at qm ew
Monthy: down Weekly: up Dayly: down (price is deviated from Trendline) Potential lv to trade 1. at lv 1.10314 with weekly horizontal + fibo retracement at 70.7 + Throwback zone (not fresh) 2. at lv 1.10082 with weekly horizontal + fibo retracement at 88.6 + 240m demand zone nested in weekly and daily demand zone Disclaimer: Forex trading involves substantial...
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