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/
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GOLD IS GETTING HIGHER TO 1288, LEST STRUCTURE. THIS IS A GOOD PLACE FOR SHORT.
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northportsmokes
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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
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Thank you. But now 1277 showed strong resistrance now.
northportsmokes
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so you are still long?Resistance around 1277-1280 and divergence on one hour chart