MrZiko

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About me Newbie Forex Trader
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XAUUSD 100% | 3
MrZiko MrZiko XAUUSD, D, Short ,
XAUUSD: Bullish Gartley is on its way to complete its final wave
301 0 3
XAUUSD, D Short
Bullish Gartley is on its way to complete its final wave

As you can see in the graph above, the B point landed perfectly on the 0.618 fib line drawn on XA extension, while the C point landed almost perfectly (0.618 area) on the fib line drawn on the AB extension. Price had break through both 1297 & 1285 which is a very strong support, based on the fib line drawn on BC extension and previous history. It has also ...

MrZiko MrZiko XAUUSD, 60, Short ,
XAUUSD: A Cypher Bearsish?
24 0 0
XAUUSD, 60 Short
A Cypher Bearsish?

New to pattern trading, but isn't this a possible Cypher Bearish (H1)... Need some advice from the experts...

MrZiko MrZiko XAUUSD, 240, Short ,
XAUUSD: A Possible Long Term Bearish Gartley for XAUUSD
48 0 1
XAUUSD, 240 Short
A Possible Long Term Bearish Gartley for XAUUSD

In my opinion, it seems that there's a possible Bearish Gartley formation for XAUUSD in a long term. It is clear that @1270 - 1275 is a strong resistance point as it has been tested multiple times in the past. If the price failed to penetrate this level and goes down, there is a possibility that the price will fall until @1620 (Fib = 0.382) or @1245 (Fib = ...

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