BTCUSD - 1HOUR
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🎉 We’ve Reached 30,000 Followers On Instagram!
This milestone is the result of your trust and continuous support, and it motivates us to deliver even more accurate and professional market insights.
Follow us on Instagram:
🔗 https://www.instagram.com/elliottwavemonitor
This milestone is the result of your trust and continuous support, and it motivates us to deliver even more accurate and professional market insights.
Follow us on Instagram:
🔗 https://www.instagram.com/elliottwavemonitor
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What Could Be The Potential Consequences Of GOLD Dropping $500 In A Single Day?
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In recent times, we have seen an increasing number of Telegram channels and Instagram pages promoting the idea of providing three trades per day, with promises of achieving up to 80% profits and around 700 pips per week.
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In comparison, our weekly trading activity may consist of only two or three trades, and even when a trade is set with a target of 80 pips, we often choose to close it once 20 pips are secured. 🏃🏻♂️
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Trading should be done exclusively on a laptop or desktop computer, not on a mobile phone.
WHY?
Because aphone is accessible within a few seconds, while starting a laptop takes two or three minutes.
When thephone is in your hands, it’s easy to enter trades impulsively and without control.
Stick to this rule: Trading is serious work, not a game or gambling.
WHY?
Because a
When the
Stick to this rule: Trading is serious work, not a game or gambling.
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We Are Currently Watching A Potential Area To Enter A Sell Order On GOLD.
The Idea Right Now Is To Identify A Potential Entry Point With A Small Stop.
The Idea Right Now Is To Identify A Potential Entry Point With A Small Stop.
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Elliott Wave Monitor
We Are Currently Watching A Potential Area To Enter A Sell Order On GOLD. The Idea Right Now Is To Identify A Potential Entry Point With A Small Stop.
STOP: $3943.00 (50 PIPS)
USE: 1% FROM YOUR ACC
USE: 1% FROM YOUR ACC
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Elliott Wave Monitor
GOLD - 4 HOUR
Kindly note, everyone: It’s important to distinguish between analysis and actual trading.
Analysis is based on possible scenarios, not on specific entry or exit points.
For example, in this analysis, gold is expected to surpass the 3819.49 level.
If the price fails to break this level, it does not mean that Elliott Wave Theory is wrong; it simply means that the technical condition has not been met yet.
As for our approach at EWM, we Do Not trade on the 4-hour or 1-hour timeframes.
We primarily trade on the 30-minute timeframe, and sometimes we confirm our decisions on the 15-minute timeframe.
Analysis is based on possible scenarios, not on specific entry or exit points.
For example, in this analysis, gold is expected to surpass the 3819.49 level.
If the price fails to break this level, it does not mean that Elliott Wave Theory is wrong; it simply means that the technical condition has not been met yet.
As for our approach at EWM, we Do Not trade on the 4-hour or 1-hour timeframes.
We primarily trade on the 30-minute timeframe, and sometimes we confirm our decisions on the 15-minute timeframe.
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