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Elliottway replied Jan 6, 2025For your safety target, it's important to focus on higher timeframes. Please be cautious and stay alert to avoid any potential risks or setbacks.
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Elliottway replied Jan 6, 2025When we see unusual price movement, it's important to look at higher timeframes for a clearer view. On the daily chart, the A and B waves or 1 and 2 waves, seem to be complete, which makes it likely that prices will go lower. Watch for support at ...
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Elliottway replied Jan 5, 2025The H1 chart closed below 2643, which serves as confirmation for the sell signal. However, if the price breaks above today's high, the next target would be 2672.
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Elliottway replied Jan 5, 2025Could you please clarify what factors influence your decision to close a buy position and wait for a sell target? Understanding your reasoning would be very helpful for me in improving my own approach. Thank you!
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Elliottway replied Jan 5, 2025The price is expected to retrace to the levels between 2648 and 2653, where a rejection is anticipated in order to continue moving downward. However, if the price breaks above these levels, it would indicate a different setup.
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Elliottway replied Jan 3, 2025Gold is expected to drop to the 2630 level. Will this happen before the market closes today?
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Elliottway replied Jan 3, 2025I want to take a moment to express my gratitude. When I saw your account burn, it made me realize that trading is not just about money. it's an emotional journey. I felt the same pain that you experienced at that time. Since then, I’ve channeled my ...
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Elliottway replied Jan 3, 2025If I'm not mistaken, I remember watching your trades some time ago. You started with $100 and grew your account to $2600, showing incredible control during that time. Unfortunately, you faced some losses, and I noticed you changed your profile ...
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Elliottway replied Jan 3, 2025I am still holding my sell position with caution, as I'm unsure if the market will continue downward. This uncertainty is causing unnecessary pressure. However, if there is a strong break at the support level, I will switch to a buy position.
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Elliottway replied Jan 3, 2025Why did we miss testing the 2672 level? Is there an important factor driving the market upwards? If anyone has any thoughts or insights, please share your levels for a potential reversal. 2653 to 2656 PRZ to continue sell off. If break above, ...
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Elliottway replied Jan 3, 2025The price is likely to drop if it reaches 2657. However, if it doesn't, a new setup will be considered.
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Elliottway replied Jan 3, 2025Round numbers often have significant value in trading because they tend to align with trends and small price variations. If anyone has experience with this, Please share your thoughts on how it plays out on a 15-minute chart.
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Elliottway replied Jan 2, 2025Divergence is targeting a sell target at the 2653 level. For the downtrend to be confirmed, this level needs to be broken below.
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Elliottway replied Jan 2, 2025I entered a sell position and set a sell limit, expecting the price to move down. However, if the daily price action behaves differently, it should be considered a new setup. image
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Elliottway replied Jan 2, 2025Thank you for sharing. This analysis is based on a single wave, so we can adjust the daily and weekly close levels accordingly. However, I’m still holding my buy positions with the target of 2672 as my ultimate goal. I'm also looking for a sell ...
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Elliottway replied Jan 2, 2025English may not be my first language, but it is yours. You should avoid focusing on the lines you are quoting. Try to understand the meaning of both the first and last lines. Then you'll realize who is letting their ego get in the way. Please stop ...
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Elliottway replied Jan 2, 2025I believe that mindfulness is invaluable. If you truly understand its meaning, you would never ask me to find subscribers or encourage others to like and share. In other words, please stop quoting me.
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Elliottway replied Jan 2, 2025Manners and self-respect are priceless, and my interpretation is unique to me. This is the truth. Accusing others for their emotional expressions is something you might do in a group discussion. If you think like that, there are many people in the ...
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Elliottway replied Jan 2, 2025If Weekly really wants to push the price down, we should look at dates and Elliott Wave cycles that align with this move. The monthly and higher timeframes often show a pattern of retesting. If his strategy supports this idea, we can confirm it by ...
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