(1H) Completed Perfect Gartley // Bearish Cypher // IF=THEN

XAUUSD

Breakout:
Wait a correction after the breakout to enter the eventual sell trade; - (IF=THEN)

Note that the price may forge a RSI divergence before a bullish momentum, and for that to happen, it must sink in a eventual double bottom or even a lower close.

Harmonics:

Completed GARTLEY
Point B:
61.8% can not touch 78.6% XA
Point C:
38.2% to 88.6% AB
Point D:
78.6% XA
127% ext AB
Target:
TP1 38.2% AD
TP2 61.8% AD

CYPHER:
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD

Safe Trades;

Bình luận: