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short term trade idea; 3 black crows on Daily TF suggests that upside move is temporary out. I expect light pull back upside and further decline and reason is simple - daily support TL crashed and price is looking for lower demand. As of Monday I will dissect this pattern and look for potential reversal zone. I still think that gold is bullish but I wont hesitate...
After weekly breakout and problematic reaction at multi year resistance TL I find gold bullish as continuation, especially due to USD weakness. Mid term I am looking to trade into bat completion; Long.
even though bearish Gartley is still valid for short I like to follow the trend; if Gartley fails I am looking for crab, buying lows; also, if in any chance BTCUSD retrace at least to T1 - my next target will be butterfly completion at 2803.