After completing a clear 5-wave impulsive structure to the upside, Gold (XAUUSD) is now showing signs of a potential corrective ABC pattern. 🔹 Key Observations: Wave (5) ended at 3167.90, marking the recent high. Price broke below the lower boundary of the rising channel. A potential ABC correction is unfolding — we’re currently tracking the development of...
After completing a clear 5-wave impulsive structure to the upside, Gold (XAUUSD) is now showing signs of a potential corrective ABC pattern. 🔹 Key Observations: Wave (5) ended at 3167.90, marking the recent high. Price broke below the lower boundary of the rising channel. A potential ABC correction is unfolding — we’re currently tracking the development of...
Bitcoin Elliott Wave Analysis – Key Levels to Watch 🚀 Bitcoin is currently at a critical decision point, and here’s my analysis based on Elliott Wave Theory and trend structures. 🔹 Wave Structure Analysis The price appears to be following a five-wave impulse structure. Wave (3) has extended well beyond Wave (1), confirming the impulse pattern. Wave (4) has...