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Iskandarglenn
15 okt 2014 23:42

Watching for Cypher 

Gold/U.S. DollarFXCM

Beskrivning

As per chart.
Watching for this pattern. .382% retrace of last leg down.
which is the min.
How much profit taking will there be?
Whats the effect if Draghi decides to print?
Cypher would be against the breeze!
Winds change!
Kommentarer
Iskandarglenn
That finished right on que!
Looking for 78.6% of XA...YES!

Glenn
Iskandarglenn
Looks like this chart, or the weekly chart, (in the same pattern), is looking the goods.

Glenn.
Iskandarglenn
And then the Green line, would be a Bullish Wolfe wave!! IMO
SO Down for 5th touch and Up to BWW line.
Mer