POTENTIAL D LEG OF GARTLEY PATTERN FORMS AT LONG TERM CEILING -LOW FROM 2012-07-23
BATTERFLY OPTIMISED -D LEG HIGHER THEN 1,27 -BETTER SHORT ENTRY AND RRR
ON DAILY CHART FALLING STAR FROM 28-08
OVERLAY DIFFRENT EXTENTIONS FROM LAST GREAT SWINGS
1,27 EXT AA -1,205
1,27 EXT BB-1,208
1,27 EXT CC- 1,204
1,618 EXT DD
RSI OVERBOUGHT ON DAILY CHART
DXY -ON PIVOT POINT
METALS ON PIVOT POINT LEVELS -COPPER, NICKEL, PALLADIUM
GOLD AT POTENTIAL SELL 1357
LOOK AT EXY AND WCU/EUR
DIFFERENT TARGETS DEPENDING ON TIME HORIZON AND RISK APPETITE
T1- RETEST OF RISING GREEN TREND LINE
T2 -RETEST OF LAST CEILING/FLOOR LEVEL AA
T3-0,382 FIB LEVEL FROM LAST COMPLETE UP MOVE EE
BATTERFLY OPTIMISED -D LEG HIGHER THEN 1,27 -BETTER SHORT ENTRY AND RRR
ON DAILY CHART FALLING STAR FROM 28-08
OVERLAY DIFFRENT EXTENTIONS FROM LAST GREAT SWINGS
1,27 EXT AA -1,205
1,27 EXT BB-1,208
1,27 EXT CC- 1,204
1,618 EXT DD
RSI OVERBOUGHT ON DAILY CHART
DXY -ON PIVOT POINT
METALS ON PIVOT POINT LEVELS -COPPER, NICKEL, PALLADIUM
GOLD AT POTENTIAL SELL 1357
LOOK AT EXY AND WCU/EUR
DIFFERENT TARGETS DEPENDING ON TIME HORIZON AND RISK APPETITE
T1- RETEST OF RISING GREEN TREND LINE
T2 -RETEST OF LAST CEILING/FLOOR LEVEL AA
T3-0,382 FIB LEVEL FROM LAST COMPLETE UP MOVE EE
Trade active
Comment:
very nice trade till now
Trade closed: target reached:
first target hit without much pain
Comment:
move stop loses to break even