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same24h
Dec 22, 2016 1:15 AM

christmas period - quick asia assesment with daily 161.8 inc. Short

Gold/U.S. DollarFXCM

Description

Daily failed to break 78.6 fib level from 161.8 retrace. potential retest of 161.8 to find either new buyers at that level or potentially lower. Still in a downtrend however 161.8 is usual intraday set up for a reversal.
- daily needs work to make it more accurate in terms of fib level coordinates (freehand & not magnetic)

Asia session so still waiting for volume to confirm this idea or to create a new one.

Comment

no trading taking place just getting to grips with how this publishing business works - will stick to private until i make it more refined.
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