XAUUSD, 1hr timeframe, Elliott 5th wave
Hello my friends,
Today i found some interesting setup for XAUUSD.
Previoisly i've posted some analysis for XAUUSD and get it on point using wave analysis.
I am going to continue this analysis as we are currently done with the 4th wave so we will move into 5th wave.
There is a chance we could see 1 more downwards movement from XAUUSD at this point. As i saw a lower low setup on intraday chart of XAUUSD.
Sell XAUUSD 1946
Stop loss 1958
Take profit 1 @1934
Take profit 2 @1922
Take profit 3 @1910
RR Ratio 1:3
Use proper risk management
Good Luck
Today i found some interesting setup for XAUUSD.
Previoisly i've posted some analysis for XAUUSD and get it on point using wave analysis.
I am going to continue this analysis as we are currently done with the 4th wave so we will move into 5th wave.
There is a chance we could see 1 more downwards movement from XAUUSD at this point. As i saw a lower low setup on intraday chart of XAUUSD.
Sell XAUUSD 1946
Stop loss 1958
Take profit 1 @1934
Take profit 2 @1922
Take profit 3 @1910
RR Ratio 1:3
Use proper risk management
Good Luck
