SteveTan

SteveTan Updated 

Rechecking from Gold chart's (not shown on chart) & Wave Structure, Gold's cycle is about to due..And It is forming a expanding (a)(b)(c) wave (purple),, Short Gold @ around 1306 with control risk and small lot TP1 @ around 1262 , TP2 @ around 1240

SteveTan

For Education Purpose ONLY Murphy's law : "Anything that can go wrong will go wrong". So?!! Cut lost , cut lost AND CUT LOST!! If anything wrong! P/S: Unlike conventional, To have consistent elliot wave counts,there is ONLY 3 subwave ( abc ) counts on ANY Impulsive wave (1,3,5) VS coventional counts which is 5 subwave (1,2,3,4,5)

SteveTan

Traders could sell with control small lot @ wave 4 (circle orange) near 144.60 (Monday Gap) or wait for Buy Signal @ wave c (blue) Murphy's law : "Anything that can go wrong will go wrong". So?!! Cut lost , cut lost AND CUT LOST!! If anything wrong! P/S: Unlike conventional, To have consistent elliot wave counts,there is ONLY 3 subwave ( abc ) counts on ANY...

SteveTan

Murphy's law : "Anything that can go wrong will go wrong". So?!! Cut lost , cut lost AND CUT LOST!! If anything wrong! P/S: Unlike conventional, To have consistent elliot wave counts,there is ONLY 3 subwave ( abc ) counts on ANY Impulsive wave (1,3,5) VS coventional counts which is 5 subwave (1,2,3,4,5)

SteveTan

By breaking 6 March ‘19 high, gold will break 20 Feb ‘19 Hi..SL @ 7 March lo, TP @ around 1360.. Murphy's law : "Anything that can go wrong will go wrong". So?!! Cut lost , cut lost AND CUT LOST!! If anything wrong! P/S: Unlike conventional, To have consistent elliot wave counts,there is ONLY 3 subwave ( abc ) counts on ANY Impulsive wave (1,3,5) VS coventional...

SteveTan Updated 

Murphy's law : "Anything that can go wrong will go wrong". So?!! Cut lost , cut lost AND CUT LOST!! If anything wrong! P/S: Unlike conventional, To have consistent elliot wave counts,there is ONLY 3 subwave ( abc ) counts on ANY Impulsive wave (1,3,5) VS coventional counts which is 5 subwave (1,2,3,4,5)

SteveTan

Murphy's law : "Anything that can go wrong will go wrong". So?!! Cut lost , cut lost AND CUT LOST!! If anything wrong!

SteveTan

Murphy's law : "Anything that can go wrong will go wrong". So?!! Cut lost , cut lost AND CUT LOST!! If anything wrong!

SteveTan

Traders could sell for wave circle x (orange) with control risk or wait for long..@ wave x (orange)

SteveTan

With Price breaking 13 Feb '19 Hi, EU have developed an expanding flat pattern instead of triangle..

SteveTan

Never try to catch top and bottom, it is impossible.. But we could (try) only when we know how much risk we would like to take.. High risk 'Sell Gold now @ 1346 with Sl @ 25 Jan '18 High or Sell Stop @ 1339.01@ low of wave (4) (purple), Sl @ wave (5) High (purple).. provided when price broke wave (4) purple. Only that we can confirm the hi how wave (5) purple

SteveTan

From wave structure perspective, cycle and the speed, the z-factor, price of gold on 14 Feb'19 cannot break below 7 Feb'19 lo, There was a "stop hunt"! or "manipulated price"!.. Anyway Short Gold around 1335-1340,

SteveTan

Detail @ the Chart..P/S: Unlike conventional, To have consistent elliot wave counts,there is ONLY 3 subwave ( abc ) counts on ANY Impulsive wave (1,3,5) VS coventional counts which is 5 subwave (1,2,3,4,5)

SteveTan

Detail @ the Chart..P/S: Unlike conventional, To have consistent elliot wave counts,there is ONLY 3 subwave ( abc ) counts on ANY Impulsive wave (1,3,5) VS coventional counts which is 5 subwave (1,2,3,4,5)

SteveTan

Detail @ the Chart..P/S: Unlike conventional, To have consistent elliot wave counts,there is ONLY 3 subwave ( abc ) counts on ANY Impulsive wave (1,3,5) VS coventional counts which is 5 subwave (1,2,3,4,5)

SteveTan

From cycle studies ( Not shown on chart ), Gold Wave A (orange) may reached..

SteveTan

Detail @ the Chart..P/S: Unlike conventional, To have consistent elliot wave counts,there is ONLY 3 subwave ( abc ) counts on ANY Impulsive wave (1,3,5) VS coventional counts which is 5 subwave (1,2,3,4,5)