xauusd ---> possible moves
Updated
hello guys...
let's see what happen to gold before:
NOW, what is more probable, and what should you do?!
1- if the price reaches the pink area get a short position with a logical target
2- if the price breaks the gray area gets a long position and the target is the pink area
what is less probable but not out of mind?
1- gold wanna touch the green area and after that start a downward movement
---------------------------------
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
let's see what happen to gold before:
- Start a sharp move
- Formed a three-drive pattern
- Hunt last level of three drive
- Formed a QML
NOW, what is more probable, and what should you do?!
1- if the price reaches the pink area get a short position with a logical target
2- if the price breaks the gray area gets a long position and the target is the pink area
what is less probable but not out of mind?
1- gold wanna touch the green area and after that start a downward movement
---------------------------------
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Note
buy/longif the price breaks up the gray area you can get a long positon or add to your position
entry: market(a bit risky)-1951
Target 1: 1999.5
Target 2: 2025
sell/short
entry: 2025
Target 1: 1995
Target 2: 1968
Trade active
the long position became activeTrade active
two scenarios for getting long positions:Trade closed: target reached
the target in the short-term perfectly touched!
👉my recommended broker:
bit.ly/HYCM-M
__________
👉my recommended exchange:
bit.ly/LbankMelika
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My telegram channel:
t.me/melikatrader94
bit.ly/HYCM-M
__________
👉my recommended exchange:
bit.ly/LbankMelika
__________
My telegram channel:
t.me/melikatrader94
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