08272018 Shorting Gold - Harmonic Elliott Wave Candlestick

(1) Series of Motive Waves have now completed. We see strong reversal candle pattern has formed from major resistance level .

(2) 1st TP is as usual as regular harmonic . - 2nd TP, upon breaking major trend line , we are going for Butterfly PRZ

(3) Also refer to DXY 0.12% on its currrent chart (www.tradingview.com/...Analysis-Short-term/) as it has shown strength at trend upcurve.

Commentaire:

First target reached