Ending Diagonal on XAUUSD
Aggiornato
Assumed ending diagonal on XAUUSD and will be followed by a correction move.
Nota
Hi, I apologize that i dont put much details as i only use this to save my analysis.. Anyway.. Heres more details..
We are in an assumed larger w3, you can see the sharp advance which is a characteristic of the wave.. we have already reached the projected target of the w1 of larger w3 and its just prudent to take some profits and put your trail stops.. we are currently on w5 of larger w3 and is creating an assumed ending diagonal pattern which is possible to push up to 1580 to 1600 area.. a break of the lower trendline will mark the end of the larger w3 and will start the correction.. im assuming that it will be a deep one as the larger w2 was shallow but complicated..
everything is assumed and will just be confirmed once patterns complete..
Trade attivo
Nota
Possible retest of break out pt.
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