THANES33

THANES33

MY VERY FIRST GARTLEY BEARISH GARTLEY FORMING, POSSIBLY AN EARLY ENTRY FOR THE "CD" LEG THAT IS FORMING. DOJI CAN BE ACCEPTED AS CONFLUENCE FOR A REVERSAL TOO. STOP LOSS BELOW DOJI WOULD BE APPROPRIATE

THANES33

HEAD AND SHOUDERS FORMED,COULD MOVE ON TO WEEKLY RESISTANCE,AND QUITE POSSIBLY MOVE HIGHER.

THANES33

LONG.

THANES33

LATE UPDATE

THANES33

BREAK OFF THE CTL SHOWS GOOD UPSIDE MOMENTUM

THANES33

SHOULD BOUNCE OFF MONTHLY SUPPORT THAT HAS BEEN HELD SINCE EARLY 2016. BASED ON THE CHARTS,IT WILL BE LIKELY WE SEE A LONG TERM BIAS TO THE MONTHLY RESISTANCE

THANES33

PRICE ACTION LOOKING TO BOUNCE OFF TRENDLINE WHICH IS AROUND THE 38.2% FIB ZONE IN THE COMING WEEK, AND THIS BOUNCE WILL BE THE 3RD BOUNCE OF THE TRENDLINE( VERY SIGNIFICANT) PRICE SHOULD THEN BOUNCE OFF TO WEEKLY RESISTANCE

THANES33 Updated 

FIB AND MA REJECTION INDICATES STRONG BEARISH MOVE IF THE CHANNEL IS BROKEN,IT COULD DOWN TO ITS MONTHLY RES

THANES33

REJECTION OFF 61.8% FIB SHOULD BE CAUTIOUS BECAUSE OF A DOJI FORMED ON THE WEEKLY SELL AFTER PA BREAKS TIMEFRAME

THANES33

MIGHT TAKE SOME TIME TO WORK ITS WAY DOWN.

THANES33

DOUBLE BOTTOM FORMED ON THE 4 HOUR CHART. A REASONABLE RISK:REWARD RATIO, WITH THE POWERLESS DOLLAR,GOLD COULD FLY HIGHER TO THE MONTHLY RES( TARGET 2 )

THANES33

A HEAD AND SHOULDER JUST FORMED. WITH PREVIOUS NEWS ON THE DOLLAR, A SHORT MOVE SHOULD BE VALID ALONGSIDE A REJECTION OFF THE 50% FIB. USDJPY SHORT.