tntsunrise
Short

GOLD WEDGE AND RSI DIVERGENCE

FX:XAUUSD   Gold / U.S. Dollar
7184 43 178
SHORT GOLD             RIGHT NOW
1276.34
SL: 1280.60
TP1: 1270
TP2: 1260

5 WAVE in the Wedge with RSI Overbought
This give us the great opportunity to short gold             here.
Comment: TP1 HIT
+60 PIPS
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Where did you place the stop on this trade?
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If you works with a elliot wave you shout know that a ABCDE Wave comes after a impulse. A hour - chart is to short to see that, on the 4-hour chart you see that this chart still in a impulse
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wrong
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great chart brother, xiexie
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Well done !!!
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Is this a libra pattern?
https://www.tradingview.com/chart/B9cr7fGd/
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kevinkwok_22 kevinkwok_22
Sorry, this one:
snapshot
+1 Reply
DanielAnthony kevinkwok_22
asking the same question
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Is RSI (7, Close) mean the Price Momentum?
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also, the RSI just made another peak above its previous peak. That's not bearish. You drew the line comepletely ignoring the 2nd peak
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