GOLD 14.08.2023
AGGRESSIVE BUY
- Market structure - Up trend
- Minor price structure
- Fibo. 88.6%
- Falling wedge
- Rejection (2h. --> wait 4h.)
- Divergence
___
CONSERVATIVE BUY --> Wait break HL/Falling wedge chart pattern
___
TP1 - Strong imbalance can CHOC
TP2 - QML(see TF day1) + MPL / Minor price structure / Fibo.88.6%
- Market structure - Up trend
- Minor price structure
- Fibo. 88.6%
- Falling wedge
- Rejection (2h. --> wait 4h.)
- Divergence
___
CONSERVATIVE BUY --> Wait break HL/Falling wedge chart pattern
___
TP1 - Strong imbalance can CHOC
TP2 - QML(see TF day1) + MPL / Minor price structure / Fibo.88.6%
Note
Additional technical support__
EMA200
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