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potential harmonic abcd pattern
Gold Spot / U.S. Dollar
Short
potential harmonic abcd pattern
By VasilyTrader
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Updated
Mar 13, 2019
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Mar 13, 2019
hey guys,
on gold on an hourly timeframe we have very nice almost completed bearish abcd pattern.
+ take into account overbought RSI
my selling area is around 1309 - 1312,
however, I will be waiting for some confirmation signals!
target is based on the previous high!
good luck!
Mar 13, 2019
Note
Pattern is completed
Mar 14, 2019
Note
small head and shoulders pattern in a D point of a pattern is a confirmation
Mar 14, 2019
Note
The market hit the initial target
Stop to entry
AB=CD
Technical Indicators
Support and Resistance
VasilyTrader
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