Fxprotrader

Pending Bearish Gartley in an Elliott Wave Cycle

Short
Fxprotrader Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
In my last post we met a pending bullish gartley which didn't completed as price moved higher. If price continues moving higher we will soon have this time a bearish gartley pattern completion both with a 5-3 Elliott wave cycle. The fib ratios of this one are almost perfect so we have a very good sell oportunity in this one.

Stoploss and profit targets as shown at the chart.
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