H1 time frame.
Structure: Uptrend.
At the current XAUUSD is moving sideways from 1845 - 1870.
With the current momentum weakening and a high probability of a Head and Shoulders reversal pattern, here we wait for the price to break the Key level at 1845.
After the price breaks Key level 1845, wait for the signal to confirm the downtrend, then you can look for selling opportunities.
The profit target is the 1800 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Structure: Uptrend.
At the current XAUUSD is moving sideways from 1845 - 1870.
With the current momentum weakening and a high probability of a Head and Shoulders reversal pattern, here we wait for the price to break the Key level at 1845.
After the price breaks Key level 1845, wait for the signal to confirm the downtrend, then you can look for selling opportunities.
The profit target is the 1800 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.