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Gold Spot / U.S. Dollar

2016-12-16/17 bearish cypher

By mytrade1602
Updated
Bearish cypher is forming, long from to 1139/1140 and short from there.
Comment
A bearish bat can also seen from the chart, in this case, the target will be 1142.
So short from 1139~1142.
Comment
It can be bearish gartley too, in this case, the target is 1136. Currently, 1135 is a big resistance. To play safe, get out from 1135~1136.
Comment
it's a bearish bat, TP 1132.
Trade closed: target reached
mytrade1602

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