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lyl89
19 mar 2018 08:46

XAUUSD - ABCD Pattern Edukacja

Gold/U.S. DollarFXCM

Opis

How to trade the ABCD pattern

This is an example of a bullish ABCD pattern.

Ideally, Point C should be Fibonacci retracement between 61.8% to 78.6% of the A-B leg.

Point D should be a Fibonacci extension between 127% to 161.8% of the B-C leg.

Stop loss should be below D or previous low.

Take profit can be at the 38.2% and 61.8% Fibonacci retracement of the C-D leg.

Transakcja zamknięta: osiągnięto wyznaczony cel

TP1 hit.

Zlecenie zamknięto ręcznie

Those who are still holding on to TP2 do manage your trade, I have decided not to wait and closed the trade.

Komentarz

Congrats for those who held on to TP2.
Weaker USD has impacted Gold positively.
Komentarze
Aneshcoopoo
Yym 57
eduardtgv
What îs next step for gold???
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