bullish cypher pattern with wide buying range

hey guys,

4 winner in a row on gold already!

our next great trading opportunity is this harmonic bullish cypher pattern.
the problem with this cypher is that we have just seen a massive selloff from 1324 level,
so sentiment is very bearish.

to execute a trade properly we will need a confirmation signal:
f.ex, any reversal pattern on a lower timeframe.

for now, rsi is already heavily oversold, so last thing we are looking for is a confirmation.

initial target is a bit below 1300!

good luck!

Transaction en cours

Commentaire:

target 1 is hit!!

Commentaire:

Stop to entry