XAUUSD Daily Island Reversal, Bearish Shark

2016年3月23日

Am short looking for two targets to re-establish longer term long positions
Final short target will be the 78.6% retracement which is also a gap close and the zone for a 2618 trade

If it gets there I am planning to buy again into a longer term position long

Market may be forming a weekly triangle and the $41-$42 high may be resistance going forward so will take partial profits on any longs prior to this and play the range

2016年3月23日

註釋

incorrectly noted XAUUSD, should be CL1! Curde Oil
Minor Oversight as currently swing short both.... technical view on this is unchanged

2016年4月2日

交易結束：目標達成

Target 1 hit, trailed second stop to BE

2016年4月5日

註釋

This pattern could better be described as a Nen-star pattern at 127.2% extension of X-A
Final target lower is 29.64 based on the gap here although not sure if it will reach it... we will see