What A Sell Off We Are Witnessing From Last Two Sessions!!!! I Hope All Blog Followers Are Enjoying From Last Two Session Given Read Weekly Report.
As I Told In Last Session X Wave May Be Form,X-Wave Is Formed And After That We Witness First Leg Of Second Corrective.Today We Will Witness 2nd And 3rd Leg Of Second Corrective.
Today We Will Discuss About X-Wave:-
As I Told In Last Session X Wave May Be Form,X-Wave Is Formed And After That We Witness First Leg Of Second Corrective.Today We Will Witness 2nd And 3rd Leg Of Second Corrective.
Today We Will Discuss About X-Wave:-
- X-Wave Is An Corrective Wave.Which Is Separate Two Standard Correctives.
- Two Types Of X-Wave :-
- Small X-Wave :-This X Wave Is An 61.8% Of First Corrective,We Can Found Small X-Wave At Double Flat,Double Zigzag,Double Combination,Triple Flat,Triple Zigzag,And Triple Combination.
- Large X-Wave :-This X Wave Must Go Above 100% to 161.8% Max Of First Corrective, We Can Found This X Wave At Double Three,Triple Three,Double Three Combination,Triple Three Combination.
Initial Watch :-
Positive:- If XAU/USD Is Able To Break 1300.13/1305.31 Then Minor Strength Will Come,And Above Daily SAR Level Major Trend May Change.
Negative:- If XAU/USD Is Resisting At 1300.13/1305.31 Then We Will Witness Some Downside Targets Like 1263.68/1278.05.
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