XAUUSD: Short idea based on Fibonacci
Hi traders,
Here is a private chart just for my Twitter and Facebook followers. I'm looking to enter short at the 50% Fibonacci retracement of the bigger move down, which initiated in July 2016. We also have the 127.2% Fibonacci extension near that area.
Entry: 1248.70
Stop: 1262.21
Target: 1219.98 = R:RR 2.13
Good luck traders! Updates will follow.
Here is a private chart just for my Twitter and Facebook followers. I'm looking to enter short at the 50% Fibonacci retracement of the bigger move down, which initiated in July 2016. We also have the 127.2% Fibonacci extension near that area.
Entry: 1248.70
Stop: 1262.21
Target: 1219.98 = R:RR 2.13
Good luck traders! Updates will follow.
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