Akil_Stokes
Short

GOLD: Bear Gartley

FX:XAUUSD   Gold / U.S. Dollar
Bear Gartley , Sorry for the lack of explanation earlier, but we found this while in the middle of my live trading room session. Essentially this is a bearish Gartley (which may have double topped by now) coming into previous structure. So for those looking to catch a move short.
Learn to Trade at https://tradeempowered.com/ "Empowering Traders Worldwide"

Sign Up For My FREE Weekly Trading Video -
https://buff.ly/2h1ltak

Watch Our FREE Training Lessons & Workshops
https://tradeempowered.com/learn-to-trade/


Hey Akil :) Was this a good trade or what?! ;) I took a Cypher entry (XA 1222.83/1205.40). I also see a potential bullish Cypher (X @ 1190.15). The CD leg hasn't broken B yet, but if it does, what do you think about an extended target on the Cypher, given that on the 4h chart, price action is in bullish rotation and gold is also bullish on the daily chart. The bears might also have a tough time with the 1200.00 even-handle. All in all, an extended target doesn't seem too unlikely given the confluence of data both in different time-frames and in the diversity of approaches such as structure, price-action, harmonics, and patterns. What do you think? I'll definitely give it a crack ;)

Iassen K.
12 week course AKA the Sniper Academy for traders ;)
+1 Reply
Akil_Stokes PRO IassenKapitanov
I'd personally be cautious about looking for a bullish extension until we trade above 1223 level but that's just me. I don't think it's a bad idea to shoot for it. If it hits they way you project, there's a ton of upside potential
Reply
What's your target profit, Akil. 38.2 or 61.8 for target profit?
+1 Reply
Akil_Stokes PRO Pokemon_King
I don't personally trade gold
Reply
Pokemon_King Akil_Stokes
Ok. Thanks. I took the profit @38.2 anyway ;')
+1 Reply
Akil_Stokes PRO Pokemon_King
cha-ching!
Reply
Pokemon_King Akil_Stokes
Ahhh. I like this sound. Cha-ching!
Reply
Hi, Akil. Could you please tell me, what are your requirements for Gartley's C point.
+1 Reply
Akil_Stokes PRO Alexander_Nikitin
Must at least hit the 61.8 retracement
+1 Reply
thank you.
+1 Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out