UnknownUnicorn540299

Bears turns to bulls 1st Quarter of 2018

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FX_IDC:XAUUSD   Emas Semerta / Dolar A.S.
Still in consolidating channel downwards. Cycle low estimated end of Jan to mid Feb 2018.
Komen:
1293.8 should be the resistance
Dagangan aktif:
Entered into the trade. I will close the position if we get a daily CLOSE above 1295.
Komen:
10. Too mch. Almost
Komen:
As price closed above 1295, it signalled higher levels to come.
But I expect here a pullback;
Komen:
Daily consolidation inside the channel. Potential top. Need tomorrow for confirmation
Komen:
In an EW-perspective, it might have only completed 4 out of 5 waves. Be careful to short before potential confirmed swing high.
Komen:
This may be a valid scenario since price is breaking upwards quite aggressively;
Komen:
1322.4 intraday gann level which is interesting to observe for reaction.
Komen:
Broke above 1322.4. That signals next level higher.
Penafian

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