xauusd, positive long trade

16 nov 2022

XAUUSD

no double, look the chart.

the completed down trend waves has been broken up, and perfect end with this W pattern bottom.

1st target position, study th 50-61.8% range of the down whole trend wave, and figure if break and with some solely pattern as certain, or quickly rocket up through then a down position no break down the 61.8%

after solely construct the 61.8 position with pattern, no double to reach 1.5-1.618 of the W bottom pattern. we need continue to study if any pattern forming at the 1.618 and how reach 2.0, after that, we looking forward 3.618 of the bottom w pattern.

of coz, all relate posibility, if failture at each key check position range, we need stop loss and keep eyes open, to obeserve what is next pattern forming and means next wave or trend highly possibilty.

that is how play the simple and hard self mind challenge game!