Pattern 5.0 on GOLD . LONG
Updated
Nice bullish pattern 5.0 at GOLD.
Wait for 1251 retest and go LONG IMO.
I am already long as follow :
OP.Price: 1253.63
TP:1259.13
SL: 1249.90
Wait for 1251 retest and go LONG IMO.
I am already long as follow :
OP.Price: 1253.63
TP:1259.13
SL: 1249.90
Trade active
I dont believe it will retest 1251 and 1252+ it should be a good point to enter this trade.1252 looks to hold well as a support on the last few hours. TP is 88.6% Fib level of CB leg. Please note that point D is at 50% Fib retracement of CB leg which makes it valid Pattern 5.0.
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