18 SEP 2020 Gold Possible BO
Updated
Points:
- Triangle Pattern for 38-Days+
- Measurement about 1400pips ; breakout upside 2100$ or downside 1810$
- ATR drop to July low (2-months)
- Perfect ABCDE Pattern
- Triangle Pattern for 38-Days+
- Measurement about 1400pips ; breakout upside 2100$ or downside 1810$
- ATR drop to July low (2-months)
- Perfect ABCDE Pattern
Comment
Seems that downside scenario happening, 550pips+ down since Monday open.Trade closed: target reached
More than 1000pips dropped since the analysis posted out, you've been warned.Price hit 1848$ low and currently rebounced after finding support.
Overall the breakout was real, this analysis has proven that timing the market is possible.
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