XAUUSD - BEARISH PENNANT
XAUUSD
The price is currently forming a Bearish Pennant Chart Pattern. Expecting an impulsive move from XAUUSD which I can conclude to speculating a SELL at 1930 as price rejects the trend line where fibonacci cluster is also a factor. The stochastic oscillator has also formed a lower peak leading the price chart. You might as well order a SELL STOP at 1915 with 100 pips SL.
CONFLUENCES:-
1. Bear Trend (H4)
2. Bearish Pennant (H4) (Chart Pattern)
3. Fibonacci Cluster
4. Bearish Harami (Candle Pattern)
5. Price rejects Trend Line
SELL - 1930
TP 1 - 1918
TP 2 - 1907
SL - 1940
The price is currently forming a Bearish Pennant Chart Pattern. Expecting an impulsive move from XAUUSD which I can conclude to speculating a SELL at 1930 as price rejects the trend line where fibonacci cluster is also a factor. The stochastic oscillator has also formed a lower peak leading the price chart. You might as well order a SELL STOP at 1915 with 100 pips SL.
CONFLUENCES:-
1. Bear Trend (H4)
2. Bearish Pennant (H4) (Chart Pattern)
3. Fibonacci Cluster
4. Bearish Harami (Candle Pattern)
5. Price rejects Trend Line
SELL - 1930
TP 1 - 1918
TP 2 - 1907
SL - 1940
Not
SL - Set at BEPİşlem kapandı: durdurma seviyesi
Previous entry got stopped out.Re-enter - 1928
TP 1 - HIT
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.
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.