Is this a realistic / thinkable Szenario? Breaking through the resist at 1245 menas aiming 1260 / 1288. At 1288/1300 the falling longterm trendline is based
my shortterm view:
ノート
ノート
attention pls
ノート
ノート
rsi made a selling signal yet, ket`s wait if xau could recapture the wedge..if not and we see prices below todays low the likelihood gets higher that we will kiss the pivot support at 1215
ノート
trading above 1245 will brighten the chart
ノート
ノート
RSI is deep red, a shortterm buying signal could appear when we sucessfully have kissed the present supprt at ~ 1.217
ノート
a possible tp of this shortterm countermove could be the minimum correction fibo 38,2 @ 1.235. Trading beloe 1215 could initiate the next downwave
ノート
without reaching my target zone at 1217 the exspected pullback started
ノート
ArtFly: we kissed the breakout nive near the min 38 fibo when we count the 1-2-3 we have seen the top at the "3?"
ノート
should we break the shortterm downtrend (3?) the next tp should be the level 1240-1245. Trading above that level is bullish again
ノート
aha
ノート
perfect 1-2-3 Play
ノート
ノート
The rsi is very weak, but no Signal yet....for me the rsi seems to tend upwards, that means it could be that we will break the present "2" down to ~1.216 and than we would see a corrective upwave up to the bo-level at 1.223-1.225
ノート
ノート
ノート
rsi is down.. downtrend still intact...
ノート
ノート
YESS
ノート
we are kissing the min tp of the wedge..the 38,2 fibo
ノート
here we go
ノート
ノート
is nit now time for a Rebound?
ノート
perfect!
ノート
ノート
ノート
ノート
Yes Yes Yes... RSI told us the truth! Watch the RSI!