Four hour chart just completed a XABCD Pattern (butterfly or anti cypher harmonic pattern)
now be in a PZR = price reversal zone may be take 3 to 5 candle testing D = 1980.81
To entry trade entry should be at around 1971.71
target 1 should be at 1949.63
target 2 should be at 1914.58
stop loss should be 1993.33
in box of PRZ if prize stays here and then moves up and pass 1990 then pattern is incorrect
but if breaks 1971 then pattern is in play
it can go near to or hit target 1 then reverse to test D = 1980.81 then continual back to targets 1 and 2
if you follow my idea please enter at your own risk as this is my thoughts and opinion with where gold is moving
thank to all that look at this
now be in a PZR = price reversal zone may be take 3 to 5 candle testing D = 1980.81
To entry trade entry should be at around 1971.71
target 1 should be at 1949.63
target 2 should be at 1914.58
stop loss should be 1993.33
in box of PRZ if prize stays here and then moves up and pass 1990 then pattern is incorrect
but if breaks 1971 then pattern is in play
it can go near to or hit target 1 then reverse to test D = 1980.81 then continual back to targets 1 and 2
if you follow my idea please enter at your own risk as this is my thoughts and opinion with where gold is moving
thank to all that look at this