Fxprotrader
Short

Pending Bearish Gartley in an Elliott Wave Cycle

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.
Trade active
nice . same set up! thereis AB=CD as well
+1 Reply
Thank you mate.. There is a cypher pattern as well in the same structure, so it makes it very strong setup.. It's going well till now..
snapshot
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tntsunrise TOP Fxprotrader
YES. I THINK GOLD IS VERY HARMONIC HAHA
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Hahaha.. Keep an eye in silver as well. It just broke a corrective structure going down.. I will enter this market after a smaller correction.. Have a nice day tnt..
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