fergust

fergust

USDGBP has made a AB=CD pattern and is headed back into trendline support after testing previous structural resistance (Creating a triple top). RSI oversold. Previous Oversold show bounce. Looking to buy LONG @0.69716 with a SL @0.69057 and two targets 1. TP@0.71015 before structure resistance and 2. TP@ .7179 before next structural resistance for a total of...

fergust

Gold to retest structure after Gartley formation. Gatley follows downside trend line. Look to short to D then Long for a breakout of previous highs

fergust

Historic Low tested. Retest in due order. Gartley Pattern formation aligned with resistance structure at 1.272 fib ext. First TP at 3.82 retracement falls directly on structural support. RSI borderline overbought. Should be overbought once the D leg is complete. Short term short. Long term reversal after consolidation and historic low retest.