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GcNaif
9 lug 2015 03:44

Short on potential bullish abcd  Short

Gold/U.S. DollarFXCM

Descrizione

Current PA is suggesting that there is still more down move left in it. There are 2 potential bullish abcd patterns that are expected to finish their D at same area marked in red rectangle ,which could be nice reversal zone to go long. But for now i watching PA to catch the remaining part of the CD legs of blue abcd and orange abcd. i have two sell entries whichever gets me in first .

Entry ,Sl and Tp on chart.

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Commenti
GcNaif
look out those small abcd's in red,pink with it parent CD leg in blue , how nicely they have given pips so far, just basic abcd's no rocket science. One final push to down before the big move.
awan0454
Good Short !
GcNaif
thanks awan
bilk29
thank you
pixi
Thanks for sharing GcNaif,
The same target for me
GcNaif
you are welcome, nice chart
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