VasilyTrader

potential harmonic abcd pattern

Short
VasilyTrader Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar

hey guys,

on gold on an hourly timeframe we have very nice almost completed bearish abcd pattern.
+ take into account overbought RSI

my selling area is around 1309 - 1312,
however, I will be waiting for some confirmation signals!

target is based on the previous high!

good luck!
Comment:
Pattern is completed
Comment:
small head and shoulders pattern in a D point of a pattern is a confirmation
Comment:
The market hit the initial target
Stop to entry

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