GcNaif
Long

Long to catch CD leg of this Butterfly

FX:XAUUSD   Gold / U.S. Dollar
469 5 7
I know it is in a strong downtrend ,but to gain some breather and momentum it needs to retrace . I am expecting it to at least retrace to 117x . There is also a confluence of 2 fib ratios at the completion of D.

First hurdle 1162 , second one 1166. If it gets through then we may see the target during asian/euro session.

SL : 1147
I am a Chart Slave.Thank you TradingView and @nmike.
it "needs" to retrace does it? LOL
Reply
lol , not necessary , its just the , i wish we knew for sure.
Reply
looks like a h&s to me
Reply
Update:
snapshot
Reply
Eventually worked.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out