CFDs on Gold (US$ / OZ)
Short
Updated

Bearish Bat & Wolfe Wave

158
Expecting price to consolidate in the PRZ region and go for a correction.
Possibilities of a Bearish Wolfe Wave formation exist.
Trade closed: target reached
Harmonics 1st target achieved at 0.382 levels.
Trade active
Next waiting for channel breakout, to see whether Wolfe Wave is possible
Order cancelled
Wolfe Wave possibility, cancelled out.
Note
Price still inside the uptrend channel

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.