Forming a bigger correction
hi guys.
Going short on XAUSD. We see a breakout from the correction.
An ascending channel was formed on the LTF close to a resistance level (weekly timeframe).
TRADE ENTRY
when a breakout occurs below the ascending channel close to the resistance level
OR
when a breakout occur above the resistance level and comes for a retest.
Like, Comment and Follow
Going short on XAUSD. We see a breakout from the correction.
An ascending channel was formed on the LTF close to a resistance level (weekly timeframe).
TRADE ENTRY
when a breakout occurs below the ascending channel close to the resistance level
OR
when a breakout occur above the resistance level and comes for a retest.
Like, Comment and Follow
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.
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.