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IOX-FX - XAUUSD - butterfly pattern

373
Xauusd:

The price of the Xuausd has formed a butterfly pattern.

Possible corrective movement before seeing new bearish impulses, based on the analysis in higher timeframes that I will leave here below.

Possible target: 1855
Not
anlık görüntü

We are still waiting for confirmation and for the pattern to be completed
Not
Analysis invalidated, the price has not confirmed.
Not
The analysis has been invalidated for the following reasons:

The butterfly pattern was not confirmed, as what to expect is a candlestick pattern that confirms a change in trend.

It is very important to wait for that candle pattern, since in my case I was trying to trade a correction of a downtrend.

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.