👉🏻 In any instrume...from CLOVER GOLD FX

👉🏻 In any instrument, you cannot enter short trade because the price is too high or enter long trade because the price is too low. 👉🏻 If the price is too high, it means that there is an upside trend and you need to move with the trend or vice versa. You don't need to catch the trend reversal from the beginning to make money! All you need to move with trend. This is why we focus to catch moves at the end of corrective waves. 👉🏻 #XAUUSD is currently moving in accordance with both the scenarios that I shared here (previous post) and this triangle correction. In both scenarios, the $2876 is the invalidation level for now! 👉🏻 In other words, as long as #XAUUSD stays above $2876, we can say that the direction is up; if it goes below $2786, it is necessary to re-analyse.

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#chfjpy #chf #jpy CHFJPY on the 1D shows a long impulsive structure that has now completed a five wave formation with the fifth wave forming a rising wedge pattern which usually indicates weakness in the bullish trend the chart highlights a possible reversal zone where the price has started dropping leaving a visible gap toward the lower support area this setup suggests that the market may attempt to fill the big gap as part of a corrective phase traders should watch the support region closely since a clear break below it could confirm the start of a deeper retracement while a strong rejection could lead to short term recovery before further downside continuation.

CLOVER GOLD FX

USDJPY on the daily is approaching a critical technical decision area after completing a clean impulsive drive into long-term descending trendline resistance while riding the upper boundary of the rising channel from the B-wave low. Price has delivered a near textbook five-wave advance into this supply zone and is now showing signs of exhaustion with rejection wicks and loss of bullish momentum near the highs. This structure favors a corrective rotation back toward the channel base as profit taking and mean reversion pressure build. Unless price can hold above the trendline with strong continuation candles the higher probability remains a pullback phase targeting deeper liquidity below before any sustainable upside can resume.

CLOVER GOLD FX

#xauusd #xᴀᴜᴜsᴅ Gold on the 4H chart shows that the market completed a five wave bullish structure and after reaching the top it started a corrective phase that moved down in three clear waves labeled a b and c the price is reacting around the horizontal support zone where buyers are trying to regain control the descending trend line marks the limit of the corrective phase and a breakout above it may indicate the start of a fresh upward movement the pattern suggests that gold might build strength around this area before targeting higher levels again showing a possible shift from correction to continuation of the overall bullish trend

CLOVER GOLD FX