XAUUSD-bias short
Bearish indications:
Trend line support broken.
Support has broken.
Made a new low currently at retracement.
Bearish engulfer candle in day time frame.
Short term LLLH is made.
AB=CD pattern can complete if the trade touches 2051.6
Double top formation in 5 min time frame.
Bullish indications:
Bullish divergence.
HHHL
Trade plan bias short @ 2069.5
SL:2075.5
TP1:2056.6
TP2:2050.5
Trend line support broken.
Support has broken.
Made a new low currently at retracement.
Bearish engulfer candle in day time frame.
Short term LLLH is made.
AB=CD pattern can complete if the trade touches 2051.6
Double top formation in 5 min time frame.
Bullish indications:
Bullish divergence.
HHHL
Trade plan bias short @ 2069.5
SL:2075.5
TP1:2056.6
TP2:2050.5
Trade closed manually
Closing the trade is break even as there is a bullish divergence.
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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.