Hi fellow traders,
On the 4H GOLD chart, I am applying Elliott Wave principles to outline a potential short setup.
The recent move up appears to be a wave 4 correction, and I am expecting a final wave 5 to the downside to complete the structure.
Within my strategy, I look for entries in key reaction areas where multiple tools come together to provide confluence. The current region aligns with that idea, while the downside target sits within the Blue Box, where I expect price to be drawn into.
Entry: current price
Stop Loss: 4996.22
Take Profit: 3859.42
If price breaks above the stop level, this setup is no longer valid.
Good luck and trade safe!
On the 4H GOLD chart, I am applying Elliott Wave principles to outline a potential short setup.
The recent move up appears to be a wave 4 correction, and I am expecting a final wave 5 to the downside to complete the structure.
Within my strategy, I look for entries in key reaction areas where multiple tools come together to provide confluence. The current region aligns with that idea, while the downside target sits within the Blue Box, where I expect price to be drawn into.
Entry: current price
Stop Loss: 4996.22
Take Profit: 3859.42
If price breaks above the stop level, this setup is no longer valid.
Good luck and trade safe!
액티브 트레이드
노트
Modified labeling, bias remains bearish.노트
노트
Running nicely. Expecting a short-term bounce from the grey RFZ.매매 수동청산
Bias changed. Took profit. Original TP is no longer valid.노트
노트
SHORT was right.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.