Gold / 4H / Gartley
2018-5-06
1. Gold has just broken recent Structure
2. We are looking to Short this market, either:
3. When Price retest the recent Structure Resistance
(A Gartley completion is right inside the Structure Resistance Zone (Blue))
4. If Price continues to break to the downside
1. Gold has just broken recent Structure
2. We are looking to Short this market, either:
3. When Price retest the recent Structure Resistance
(A Gartley completion is right inside the Structure Resistance Zone (Blue))
4. If Price continues to break to the downside
Note
Note
1, Price broke the trend line towards the downside2. We waited for a retest of the trend line for our entry
3. which is also the 0.618 Fib Level
TP1 at previous low
TP2 at previous structure low
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.