Price has reached the Potential reverse zone of this giant bearish channel
Confluence at PRZ, We get a cluster of fibs and a bearish patron Bat pattern.
Sold gold spot for the longterm, seeing a Harmonic shark which is high probabilty pattern
Pontential bearish Harmonic Shark pattern, RSI divergence,.. good confluence for a sell position
Falling Wedge Pattern with a retest of the broken upper diagonal resistance trendline now a diagonal support, also a 61.8% fib level retracement level which is a perfect entry for the Fibonacci Inversion Setup whose PRZ is our second Take profit Target. Goodluck trader!!
We see a bullish Harmonic Patron Bat pattern, though it was noticed late,. we can buy the current pullback as we look to the first take profit at the 38.2% fib level, we also notice a potential Elliot Impulse wave formation still on the upside hence a BUY is a necessity. Goodluck trader!!