XAUUSD 27042020
Price retraced down and started to push back up, by using the fib retracement we can see that the level is at 61.8%, hence to why im speculating a long position. This is not to mention the expanded pivot confluence with the Fibonacci and kijun-sen.
Target is set at 161.8% but will be target dynamically adjusted once it passes 1.5 ratio
Third confirmation or the most powerful would be when price closes above the Upper parallel line of the pitchfork
Target is set at 161.8% but will be target dynamically adjusted once it passes 1.5 ratio
Third confirmation or the most powerful would be when price closes above the Upper parallel line of the pitchfork
Hold nothing sacred in search of truth
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