Gold update 1hour chart Head and shoulder pattern
Updated
Hello Traders
There is a big chance that we are still working wave E of Expanding triangle. A bullish head & Shoulder has been formed. there are 2 ways you can trade this. Option 1: Buy at the market after H&S trendline breakout occur and take profits between 1930 and 1940
Option 2: Sell limit. Enter Short once price has reached the targets (check for divergence before entering the market and set up a protective stop @1950)
Happy Trading
There is a big chance that we are still working wave E of Expanding triangle. A bullish head & Shoulder has been formed. there are 2 ways you can trade this. Option 1: Buy at the market after H&S trendline breakout occur and take profits between 1930 and 1940
Option 2: Sell limit. Enter Short once price has reached the targets (check for divergence before entering the market and set up a protective stop @1950)
Happy Trading
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