It's Monday, and I won't be opening positions today.
Globally, after the upward momentum and the historic highs, we are now in a sideways move, either a correction before another move up to 3000+ or a top formation. I like the first option better.
Locally
However, we can see that we have broken the resistance line but are coming back under it to gather liquidity from those who trade resistance line breakdowns. I'm looking at the yellow box above, which shows the liquidity we will take after a minor correction.
Best regards EXCAVO
Globally, after the upward momentum and the historic highs, we are now in a sideways move, either a correction before another move up to 3000+ or a top formation. I like the first option better.
Locally
However, we can see that we have broken the resistance line but are coming back under it to gather liquidity from those who trade resistance line breakdowns. I'm looking at the yellow box above, which shows the liquidity we will take after a minor correction.
Best regards EXCAVO
Trade active
Trade closed: target reached
Did you trade XAUUSD GOLD?Note
Note
2705Note
2726Note
I close long position
Note
I think it was greatNote
last yellow box reached
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Join the Crypto Trading Tournament ICTI 2025
whitebit.com/a/excavo
Trade Forex
go.tradenation.com/visit/?bta=37220&brand=tradenation
All info
excavo.carrd.co/
t.me/EXCAVOACADEMY
t.me/excavochannel
whitebit.com/a/excavo
Trade Forex
go.tradenation.com/visit/?bta=37220&brand=tradenation
All info
excavo.carrd.co/
t.me/EXCAVOACADEMY
t.me/excavochannel
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.