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
Fxprotrader tntsunrise
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..
tntsunrise Fxprotrader
Fxprotrader tntsunrise
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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