Confirmations:
- Price at trend line
- Price in Fib Gold Zone
- Oversold RSI
- 1:3 RR
Extra Info:
- price consolidated around gold zone for
hours to days before significant push
- in real time, it would've taken about a little over
6 days for price to reach the roughly 120 pip TP
- goes to show that price still goes in the direction I predict even in the
case SL is hit or in the case there is crazy consolidation
+ the gold zone can be used as a strong reference/indication for a prolonged time to place
sells or in this situation a buy even if the perceived trend line looks broken
- Price at trend line
- Price in Fib Gold Zone
- Oversold RSI
- 1:3 RR
Extra Info:
- price consolidated around gold zone for
hours to days before significant push
- in real time, it would've taken about a little over
6 days for price to reach the roughly 120 pip TP
- goes to show that price still goes in the direction I predict even in the
case SL is hit or in the case there is crazy consolidation
+ the gold zone can be used as a strong reference/indication for a prolonged time to place
sells or in this situation a buy even if the perceived trend line looks broken