■Outlook of XAUUSD on 1M chart.
We are in sub-wave (ii) of wave 5.
Wave 5, shown by the green line, will probably become a 5th wave extension impulse.
The sub-wave of wave 5 is shown by the orange line.
I think the sub-waves of wave (ii) are probably a Double three pattern (W, X, Y).
Sub-wave (ii) will continue for some time.
After wave (ii) is completed, wave (iii) will start.
Wave (iii) will probably be a 3rd wave extension impulse.
Last time my idea.
■Feb 9, 2024. 1D, short-term analysis.
■Feb 9, 2024. 4h, short-term analysis.
■Jan 27, 2024. 3D, middle-term analysis.
■Jul 24, 2022. 1M, Long-term analysis.
We are in sub-wave (ii) of wave 5.
Wave 5, shown by the green line, will probably become a 5th wave extension impulse.
The sub-wave of wave 5 is shown by the orange line.
I think the sub-waves of wave (ii) are probably a Double three pattern (W, X, Y).
Sub-wave (ii) will continue for some time.
After wave (ii) is completed, wave (iii) will start.
Wave (iii) will probably be a 3rd wave extension impulse.
Last time my idea.
■Feb 9, 2024. 1D, short-term analysis.
■Feb 9, 2024. 4h, short-term analysis.
■Jan 27, 2024. 3D, middle-term analysis.
■Jul 24, 2022. 1M, Long-term analysis.
