Eljefeblanco
Short

MY XAU/USD PREDICTION

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
TRADE AT YOUR OWN RISK

Tell me what you guys think?

Comments

according th the cypher pattern that it makes on h1. youll buy from point d to 0.382 extension.
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@Ferjad, awesome
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Ferjad Eljefeblanco
@Eljefeblanco, bro im making one on M1 n few things invalidates this xabcd pattern. thats why i had to delete it. let me write the rules here.
1,it starts from move "x" to a right.
2,"b" should touch 0.382 but shouldnot close below0.6182. means it should be between it. wicks are not counted but bodies are counted and if body is below 0.61 it invalidates.
3, put fibo extension from "x" to "a" then back to "x"
4, "b" to "c" should touch 1.272 but shouldnot close above 1.414. shoud be between 1.272 and 1.414.
5,for "d" we will make retracement from "x" to "c" n we will put it on the wick of the candle
6, "d" shoud be at 0.786 retracement when you put fibo level from "x" to "c" to get "d" right?
7, "b" leg shouldnot touch 0.786 level where it invalidates for me. please check n confirm.
8, the buy sell shoud be to 0.382 extension
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