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FUNTRADER-Vera
10 de Jun. de 2016 10:14

XAUUSD: REASONS FOR LONG UNTIL 1280 Largo

Gold/U.S. DollarFXCM

Descripción

AB=CD could be finished at around1278-1283
This is a wave 3 for uptrend channel and a potential CYPHER pattern.
So except find a proper place long now , also need to watch candle movement when hitting aroung 1278-1283 for short opportunity/

Comentarios

GOLD IS GETTING HIGHER TO 1288, LEST STRUCTURE.
THIS IS A GOOD PLACE FOR SHORT.
Comentarios
northportsmokes
you have done a great job. Most people got this trade wrong. They have there short trigger around fib retracment 6.18 (1265) rather than 7.86 (1282)
FUNTRADER-Vera
Thank you. But now 1277 showed strong resistrance now.
northportsmokes
so you are still long?Resistance around 1277-1280 and divergence on one hour chart
FUNTRADER-Vera
1278-1280 is my short area.
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