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KVE
Jun 2, 2016 10:41 PM

XAU/USD: 2 Gartley's? Long

Gold/U.S. DollarFXCM

Description

Long into short...?

Watch out, broke the recent up trendline though...

Seeking confirmation...

Comment

Example of trades, will set small orders at these levels and add on confirmation...

Comment

Small short before hitting the sack... ;-)

Order cancelled

Small Short didn't work..., No entry on the other Gartley's, waiting to see how far this impulse brings us... , higher high may be coming up....
Comments
arif_awan
man i lost this gartley trade, harmonic dont always work,
Illya
Hi, thanks much for your analysis and updates...see similar reverse gartley/butterfly to the downside on the 4hr tf, 161 extension target 1185
KVE
Yes, I was aiming for 1182 on the downside but I will check if we get confirmation on downtrend continuation.
For now it still looks weak so I'm not risking too much until I get confirmation.
Thanks for your comment!
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