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If GA enters the range zone and manages to the upper resistance we can expect a retrace to 38 which acts as support of the range zone and comes right into the previous high at X. On the other hand the lower support of the range zone may reject the PA and act as resistance so the PA will never enter.

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Just 1:1 RR on this one

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The T1 at 38 lies at nice S/R line, that is should the PA break through and retrace all the way.

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Trendline near 38 retracement.

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Multiple patterns on some pairs like this one suggests calm market for few days and movement upon fundamentals this week.

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Multiple patterns in a down trend channel.

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Although UC violated the the low from Feb. 2012,, went up in a rally. Strong resistance around B at 50 Fib. and .92. If UC comes to 78.6 we can go short as a down trend continuation. The T1 comes directly at support (previous strong resistance) at B.

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Look at the Fib levels right at the beginning of the bearish bat point D drop. The PA stopped at right at the Fib levels, continued after small CZ. How precise the PA bounced at Fib levels. This is why Fib is so important in trading and shouldn't be neglected in any way. Another proof how Fib retracement and extension tool is valuable and why it plays a major rule...

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As AB=CD harmonic move the further equation shows PA coming right into structure levels.

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Just a few ticks away from completion and we have RSI divergence showing us that Gold is changing direction.

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Maybe EJ will reach the 78.6 rather than 88.6

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Downtrend bullish bat could be a sign of reversal.

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If EJ is going to retest the previous upper values of the CZ we can expect a retrace in the lower CZ around 134.2. Still some 60 pips to go up before turning point.

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Expected retrace in the 1.345 area.

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Nice harmonic move and since the RSI shows extremely overbought expected retrace to 134.

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EJ lost the against the resistance at the previous high support and goes down according to RSI divergence.

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If, of course, the pattern completes. There is plenty of time to that point.

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Although the PA did not reach D, came close to 8 pips and stopped at the 1.618 extension I would expect to retrace to 1.272 at least.