Gold looks poised to rise further to complete a deep crab pattern around 1800.
When the pattern completes, we need to wait for reversal candlestick patterns or a break of support trend lines before getting on board.
For deep crab patterns, SL has to go above XA 2.0.
Profit targets will be 382 and 618 retracement of AD leg.
Good luck and good trading everyone!
When the pattern completes, we need to wait for reversal candlestick patterns or a break of support trend lines before getting on board.
For deep crab patterns, SL has to go above XA 2.0.
Profit targets will be 382 and 618 retracement of AD leg.
Good luck and good trading everyone!