RedQueen
Long

wait for 5 wave complete

FX:XAUUSD   Gold Spot / U.S. Dollar
287 2 16
reason to long:....
1. break and retest
2. there is cypher
3. daily RSI oversold
4. divergence on 4H
5. developing desc channel (reversal pattern) on completing 5 wave ....
Comment:
snapshot
very nice! i will trade this cyphe pattern and it's good to know that the entry aligns with the ending of a wave.
Reply
1116 - yeah maybe. Cause a lot of money was burnt these 2 days
Reply
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