keep watching bearish bat pattern... it ll drop after reach to D point ..targets re on the chart..
price is so near to solid support and end of the wedge... we re expect to impulse from this area to 1.2950
target will be 1.2902 , if pattern works
we expecting full candle after bearish engulfing candle and then stay above yellow zone ( especially closing hourly candle ) .. we can take a long position
never take a short position above yellow zone.. it s more safe and better when the price stays below yellow zone ( 7340-7325 )..
elliot waves and falling wedge .. according to both of them bottom zone should be 1770-1759.. ABC correction waves and impulse to above 1830 again
if out of channel is a breach and returns to channel again, its target will be 1.1855
if price breaks 0.9000, it s gonna reach to 0.9145... there is positive discordance that you can see it...
it s going to 1,34 resistance again..but it will pass faster from there
1813-1794 zone is solid demand area for gold.. but maybe its likely to touch 1870 with so fast movement..
chart s so clear..
according to harmonic pattern nasdaq s target is 12.600 and then it gonna fall to green zone ( 11.800-11.600 )
solid yellow support zone OR falling channel lines..choose one for rising..
court shoe formation may be occured..we re expecting to impulse from yellow solid support
it gonna go up to 1905 again and drop to 1860 ...keep watch to breakout.. if reverse flag works, sharply drop soon
retest to yellow zone again and then go up to 7400