XAUUSD sell-signal setup.
Following conditions:
- Price touches or breaks the upper boundary of a parallel channel.
- The move coincides with a 78.6 % Fibonacci retracement of the initial swing.
- Sell confirmation is confirmed
- SMS Pattern confirmed
Following conditions:
- Price touches or breaks the upper boundary of a parallel channel.
- The move coincides with a 78.6 % Fibonacci retracement of the initial swing.
- Sell confirmation is confirmed
- SMS Pattern confirmed
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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.