short around 600/700 pips, divg 1D, I belive it will oscillating for a week, trade could complete in 3 weeks
as chart, I think the price of gold will in this week try to reverse, accumulating buyer.
My target is 0.618 of this downward wave.
as chart, will be short this until 0.618 for buying it again
simple trade 4h divg in act, when reach rsi higher will start the trade, SL on last high daily.
I am already on sell. at least 0.618 fib
the idea is that yen will show more weakness new weeks coming, if the price keep over 4h 200 ma today, the trade is fine and the impulse can start!
amazing weekly rsi divg forming, on daily divg is even better.
the trade setup is active, i could see it falling to concentrate more buyer, but is definitely worth a shot!
close or 0.618 fib, or half on daily half on weekly stoch up line overcoming