jjthomas94

Bearish Gartley - A Great Short Opportunity

Satış
FX:XAUUSD   Spot Altın/ABD Doları

Aided by the news of Vaccine for Corona, Gold saw a SHARP FALL in prices.


Harmonic pattern identified the PRZ where price could reverse, and gave a terminal candle confirmation on the reversal.


Also, Elliot wave count gave a possibility of a start of correction. (inspired from another trader)


The RSI indicator also gave a BEARISH DIVERGENCE.
As, price moved up in the last phase of the Elliot wave ie. 5th wave which was an ending diagonal wave; RSI showed a declining trend in the overbought zone above 70.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.