GOLD (XAU/USD) | A Possible Short-term SELL Opportunity!
Hi,
Wait for a rejection candle or candlestick patterns inside the marked red box.
Criteria:
1) We have a fakeout above the Ascending Triangle
2) Short-term counter-trendline breakout
3) Confirmed 4H Evening Star
4) Fibonacci retracement 62%
5) Trendline and the strong price zone retest should act as a resistance.
6) As said, wait for a rejection candle or candlestick patterns
Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Regards,
Vaido
Wait for a rejection candle or candlestick patterns inside the marked red box.
Criteria:
1) We have a fakeout above the Ascending Triangle
2) Short-term counter-trendline breakout
3) Confirmed 4H Evening Star
4) Fibonacci retracement 62%
5) Trendline and the strong price zone retest should act as a resistance.
6) As said, wait for a rejection candle or candlestick patterns
Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Regards,
Vaido