XAUUSD
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At first first, it might seem unlikely with a bearish engulfing D candle.
But lets put it to a test, if we include different aspects in relation to creation of fibonacci.
Lets combine trend lines, a potential Cypher pattern, a fib circle, fib retracement, and to be bold lets test the theory with the full moon what is driving (people) harmonic patterns to occur more often.
See chart for the green dashed target line.
I'm not a story teller, neither i trade on news.
The only story what u should be reading is the chart itself.
But lets put it to a test, if we include different aspects in relation to creation of fibonacci.
Lets combine trend lines, a potential Cypher pattern, a fib circle, fib retracement, and to be bold lets test the theory with the full moon what is driving (people) harmonic patterns to occur more often.
See chart for the green dashed target line.
I'm not a story teller, neither i trade on news.
The only story what u should be reading is the chart itself.
Note
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