Trying to trade the upward pullback on Gold
Analysis... As the TT section shows, the flow in 7n still upward and open. I see that 6n is red and closed, which gives me the opportunity to assume that 6n is in the stage of a downward correction. Look at KSO - we see the same picture... 7n is green and confidently at the top, 6n in the range zone, n-5n is all below and green, which makes it possible to assume that the first part of the 5n attractor has been formed and an upward pullback should develop.
Entering a position (base)...
1 - KSO n-5n all below and green
2 - in the Fractal Patterns section we see that 5n has begun to pullback upward (as indicated by the red dot - the direction of the trend (down) and the light green arrow - the direction of the moment in the partition (up)
3 - all three first partitions (n-3n) have an upward trend
4 - cyclicality appeared in the upward flow of the n partition (n TT(o)+n Cy +n OA)
5 - SA is directed up, there is no risk of opening upward position at the moment.