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I'm sticking to my bullish plan.

It took a little longer than expected, but that does not matter.

What matters is that the structure never changed.
Wave 2 stayed above the start of Wave 1, exactly as it should.

Patience rewards me and my team once again.
This is exactly what I wrote .

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Across most markets I’m trading against the USD right now.

🇨🇭 Take USD/CHF as an example. I see a clear impulse down, followed by a correction moving neatly between two parallel lines.

A break below that channel opens the door to the next impulse down.

This is the kind of structure I trade every day.

let us read these market structures together.

Here is the outcome. Is it too late friends?

Didnt we say it here??

There is a basic pattern underlying the upward moves.

❤️ Save it

Wave 2 = 50 - 61.8% of Wave 1
Wave 3 = 161.8% or 261.8% of Wave 1
Wave 4 = 38.2% of Wave 3
Wave 5 = Wave 1

These are not rules, but the most likely goals that allow us to set profit or define price zones for the next reversal.

Gold is shaping the bottom of its 2nd wave correction, right around the 78.6% level.

The market has two ways to finish it.
Wave C may already be complete, or price takes one more dip to sweep the lows before turning.

Different route, same destination.

For me the bigger picture matters more than the exact candle. Over the past decade, buying gold on pullbacks has been the winning side, and selling it has not

I trade swing, so a few extra days of patience cost me nothing.
When the turn confirms, I will be ready to buy.