Wait for the correction down on gold to go long
Hi traders,
Last week XAUUSD made a correction down and after that another impulsive move up. So now the triangle pattern could be finished and the next bigger impulsive wave up has started.
Next week I expect this pair to make another correction down and after that we could see a strong upmove.
Let's see what price does and react.
Trade idea: Wait for a corection down to finish and trade longs after a change in orderflow to bullish on a lower timeframe.
If you want to learn more about trading with ICT/ SMC concepts and wave analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
Last week XAUUSD made a correction down and after that another impulsive move up. So now the triangle pattern could be finished and the next bigger impulsive wave up has started.
Next week I expect this pair to make another correction down and after that we could see a strong upmove.
Let's see what price does and react.
Trade idea: Wait for a corection down to finish and trade longs after a change in orderflow to bullish on a lower timeframe.
If you want to learn more about trading with ICT/ SMC concepts and wave analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
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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.
🆓 Check my IG posts for a free strategy. I'm here to help.
💯 Learn to trade my profitable strategy with my e-book, inclusive in my VIP Discord: eduwavetrading.gumroad.com/l/vipdiscord
🔥 More (free) products: eduwavetrading.gumroad.com
💯 Learn to trade my profitable strategy with my e-book, inclusive in my VIP Discord: eduwavetrading.gumroad.com/l/vipdiscord
🔥 More (free) products: eduwavetrading.gumroad.com
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.