Gold - Rising Wedge Short (S3)

Trade for Gold (S3):
- Rising Wedge Breakdown with Exhaustion Gap and Re-Test of Wedge.
- Fell into descending ML Channel with confirmation.
- 2N Frequency SL yields:
2150+ Ticks PT
3.4 R/R

GLHF
- DPT

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Gold continues its decline:

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Price perfectly respecting the frequencies. Trade is synced:

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Still perfectly in the channel:

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Returned to the downward channel, I'd say corrective move is done and further downside now:

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It has a new channel now:

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Target HIT:

Re-assessing for EXIT

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Continuation is indeed possible.

New ML Channel confirmed.

We move the profit stop down to 2N Frequency above the median line: