Senator_Konshens
@t_Senator_Konshens
What symbols does the trader recommend buying?
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Senator_Konshens
After completing five impulsive waves, we anticipate a long term sell to correct the five bullish waves.
Senator_Konshens
Senator_Konshens
Gold is forming an ending diagonal which is a reversal pattern. We anticipate for a buy to 2020 region for a long term bearish move.
Senator_Konshens
Diagonal is a reversal pattern. Gold is completing the last leg of the ending diagonal. We expect it to reach 1877 level to complete the five waves before the next bull market to to 2030 level.
Senator_Konshens
After completion of 5 waves down we anticipate for a correction to level 1984. Any sells that can happen will just be a liquidity grab at level 100% of Fib.
Senator_Konshens
Two Scenarios. The market can push up to extend wave 5. However, we anticipate a sale to complete wave b for the next bull to complete wave c of which waves abc will be major wave X.Gold good sell. 800 pips
Senator_Konshens
After completion of 5 waves for wave four which ended at 100% level of the fib retracement, we have a bearish move to complete wave 5 at 1620 level.
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