After the nice downtrend that we watched I believe it's time to also watch a nice recuperation of the Gold.
The price it's already hit the PRZ and tested it too, and honestly, I would say it's time to get long here, but we just have to wait for one more bar to trade confidently this opportunity.
1. Harmonic Pattern Completion - Done
2. PRZ Hit - Done;
3. PRZ Test - Done;
3. Terminal Bar - Done;
4. Candlestick Reversal Sign - Done;
5. Candlestick Confirmation Sign -Done;
6. RSI Reversal Sign -Done;
7. RSI Confirmation Sign - Done;
8. Type-1 Reaction - Done;
9. Type-2 Reversal - Waiting;
10. Risk Management - Applied;
11. Risk / Reward - 1/3.
The price it's already hit the PRZ and tested it too, and honestly, I would say it's time to get long here, but we just have to wait for one more bar to trade confidently this opportunity.
1. Harmonic Pattern Completion - Done
2. PRZ Hit - Done;
3. PRZ Test - Done;
3. Terminal Bar - Done;
4. Candlestick Reversal Sign - Done;
5. Candlestick Confirmation Sign -Done;
6. RSI Reversal Sign -Done;
7. RSI Confirmation Sign - Done;
8. Type-1 Reaction - Done;
9. Type-2 Reversal - Waiting;
10. Risk Management - Applied;
11. Risk / Reward - 1/3.
Comment:
Whoever is trading it, et out now!