XAUUSD-bias short
Bearish indications"
Bearish divergence in 1 hr time frame.
Double top formation in 1 hr time frame.
Trend line resistance respected.
Hammer candle formation in 4 hr time frame.
Resistance is respected.
AB=CD is complete indicates reversal.
Bullish indications:
Day time frame still indicates bullish due to three white soldiers pattern.
Trade plan bias short @ 2017.9
SL:2024.7
TP1:2011.5
TP2"2007
Bearish divergence in 1 hr time frame.
Double top formation in 1 hr time frame.
Trend line resistance respected.
Hammer candle formation in 4 hr time frame.
Resistance is respected.
AB=CD is complete indicates reversal.
Bullish indications:
Day time frame still indicates bullish due to three white soldiers pattern.
Trade plan bias short @ 2017.9
SL:2024.7
TP1:2011.5
TP2"2007
Note
closing the trade , moving average respected. reversal.
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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.
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.