Iskandarglenn

Watching for Cypher

FX:XAUUSD   Gold / U.S. Dollar
157 3 2
As per chart.
Watching for this pattern. .382% retrace of last leg down.
which is the min.
How much profit taking will there be?
Whats the effect if Draghi decides to print?
Cypher would be against the breeze!
Winds change!
And then the Green line, would be a Bullish Wolfe wave!! IMO
SO Down for 5th touch and Up to BWW line.
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Looks like this chart, or the weekly chart, (in the same pattern), is looking the goods.

Glenn.
Reply
That finished right on que!
Looking for 78.6% of XA...YES!

Glenn
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