Once more this week, the 9-5 has got in the way and I've arrived late to this trade. Gold found resistance at 1218 and has made higher highs ever since. Here we have a bullish cypher pattern that will continue that movement.
@PASupreme, As per every trade I take- 1st TP level is 38.2% of the CD wave; when that hit's I will take profit and re-enter half of my position until price reaches the 78.6% retracement level of that same wave. At which point I will take profit for the 2nd time and the trade is then closed. 1:2 Risk:Reward on entry!