XAUUSD bearish AB=CD=EF formation
Updated
Hi traders,
On the XAUUSD 4H chart we can see that price made a nice AB=CD pattern, causing a small correction. I'm expecting the same thing to happen at the completion of the CD=EF leg.
Entry: 1174.02
Stop: 1181.98
Target: 1157.23 = R:RR 2.11
Good luck guys! I will be updating this chart as time progresses.
On the XAUUSD 4H chart we can see that price made a nice AB=CD pattern, causing a small correction. I'm expecting the same thing to happen at the completion of the CD=EF leg.
Entry: 1174.02
Stop: 1181.98
Target: 1157.23 = R:RR 2.11
Good luck guys! I will be updating this chart as time progresses.
Trade active
Trade closed: stop reached
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