as on picture. not too late for long position...
as on picture AB=CD fibo 50% SR zone Two positions 1) 1/2 now (just in case) 2) 1/2 later, after pullback to AB=CD (but Gold like not to return... :) We will see...
Next couple of days down, then up? That's my idea...
When SL is (too) narrow, sometimes it is hit and sometimes trade is still valid. Well - see this picture...
Nice place for short, given there is still consolidation on daily
Clear AB=CD (potential) plus Bat (potential) - nice confluence and great place for long position. Be carefull with stop - there green quasi S/R zone - who knows. Risk price drops down more is high - was growing many days recently, it need it :-D
Nice, I noticed this post factum. Now it's a bit too late.
as on picture, but not confluenced with fibo... I will try it, let us see.
Hi, there is strong zone and I'd expect some correction move now. Just fibo and SR. So idea is quite aggresive, I'd say, but who knows...
as on picture.
I have noticed EURUSD likes S/R zones. So retracement to 50% of impulse should not be a surprise here... Also testing 1.1 should not shock. This idea is simply based on fibo and S/R. Other scenario may be up 2-3 days and then complete nice AB=CD. What about you - anything else to confirm this scenario?
Too beautiful? Well, well, let's try it!
Picture tells all :) I am big fan of Shoulder-Head-Shoulder pattern, and actually when there was right shoulder I thought it is so strong, so will go deeper, had long position and closed with loss. Actually I should add to it. There is kind of muted Gartley so would not be surprised by pullback to 61.8% retr confluenced with SR - which could be a nice place for...
hmmm... maybe...? Quite risky, as season for buy buck is coming... but who knows?