XAU-USD
Weekly Structure - Uptrend
Daily Structure - Uptrend
4H
He have seen price creating a inverted Head & Shoulder pattern, together with the 3rd touch on the ascending wedge on the daily timeframe. Price has now re-tested 1.692 level with a possible double bottom and could move higher until the weekly resistance at 1.800.
TP1 - 1.738,00
TP2 - 1.800,00
SL - 1.672,40
R/R - 1.665,42
Good Luck!!!
Daily Structure - Uptrend
4H
He have seen price creating a inverted Head & Shoulder pattern, together with the 3rd touch on the ascending wedge on the daily timeframe. Price has now re-tested 1.692 level with a possible double bottom and could move higher until the weekly resistance at 1.800.
TP1 - 1.738,00
TP2 - 1.800,00
SL - 1.672,40
R/R - 1.665,42
Good Luck!!!
Note
You can move now Stop Loss to entry :) Free risk tradeNote
Stop Hitted at break event.
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