Yesterday gold has triggered the 1.618 fib projection of last corrective swing. May it bounce up? SL below 1137
Yesterday gold has triggered the 1.618 fib projection of last corrective swing. May it bounce up? SL below 1137
The Fantastic 4 reasons for a Potential Reversal Zone @: 1.2257 1. - 0.886 Fib Retracement of AD (bearish Gartley) 2. - 1.272 AB=CD expected bullish completion on current down leg 3. - 1.618 FE Projection of BC of current down leg 4. - Lower Trendline of Triangle as strong support level expected If you like my analysis pls. click the like button! :-)
Bullish Gartley and RSI divergency may serve as PRZ, weekly RSI is oversold. SL: 1,5850 1st Target: 1,6024 after that risk free trade
Nice bearish gartley with a bit to extended CD leg. But nice entry possibilty due to: - overbought RSI - AB=CD 1,272 - current price close to X which generates a good Risk Ratio If you like what you see and would like to have more ideas from me pls. click the like button. :-)
Visible on H4 but also on daily. Additionally we have a nice pullback from a strong fib 50. Some movement possible by crossing the horizontal resistance of necklines
Hi guyz, if agree on what you see pls. let me know. In case the opposite pls let me also know. Feel free to comment my idea.