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leeada2016
Jul 25, 2020 11:47 AM

gold  

GOLD / U.S. DOLLARICE

Description

same idea having analysed this is a larger fractal of wave 1 of which wave 3 actually just went over 78% meaning from1910-1927 area is possible and good shorting areas. Minimum target would be break point at 1818 crowd mentality short term can push as low invalidation level 1790. At these levels a buy is a good risk reward for targets of at least 1960 2010 more likely again fractal of wave 5 of wave 1 was 78% of wave 1 third wave. At the high levels we then can consider shorts for lower bear targets of 1560 area.

Trade closed: target reached

closed hit target but no pullback whatsoever lol
Comments
Cryptocrewe
Fantastic analysis
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