- Gold in "5th wave" of big trend (WEEKLY)
How to trade??
1. find reversal pattern in H4, this is a chance for correction.
2. take a small size for long position in Fibonanci Expansion of H4 correction.
about FE 100%, 168%, or 200%. Use your MONEY MANAGEMENT WISELY to take a chance for long position.
3. this "5 th Wave" will get the HIGHEST price in NEXT MONTH probably. The Resistance Area that I mean is above 1200 (it can be 1200 - 1220).
4. Sell in that Resistance for TP1 at last support/4th wave/ about 1.050. TP2 is below than 1.050. Choose wisely.
How to trade??
1. find reversal pattern in H4, this is a chance for correction.
2. take a small size for long position in Fibonanci Expansion of H4 correction.
about FE 100%, 168%, or 200%. Use your MONEY MANAGEMENT WISELY to take a chance for long position.
3. this "5 th Wave" will get the HIGHEST price in NEXT MONTH probably. The Resistance Area that I mean is above 1200 (it can be 1200 - 1220).
4. Sell in that Resistance for TP1 at last support/4th wave/ about 1.050. TP2 is below than 1.050. Choose wisely.