TAcharts
Short

ABDC "1.13" in progress

TVC:GOLD   CFDs on Gold (US$ / OZ)
We have moved down to the . 382 retracement , but are moving
back up. This move up could be used as a second chance entry (short)
if desired. We have divergences on both the AO and 3/10.
By dropping down to a lower time frame, a reversal candle
pattern may be offered.

Divergences can aid these setups, and should be sought whenever
these are considered. Not mandatory, but certainly preferred!

Comments

Short trigger on 15min (12:50ish cst). Smaller "1.13" setup with reversal candle (engulfing).
Reply
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