TBonch

Gold Cypher pattern, Pullback opportunity.

Long
TBonch Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Price is pulling back to the entry point for cypher which triggered late Friday before close. Seeing how strong price reacts to that zone in the past I am expecting the price to retest previous engulfing candle/ entry zone and move towards the Cypher TP zone in which we can look to follow the trend downwards for a short opportunity around the fib confluence or the Key zone.
Trade active:
Now price is respecting zone i am now entering a long position
Trade closed: target reached
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