Dear Traders,
As anticipated, the price is reversing from $98,000 and may experience a significant drop towards $60,000. The $60,000 area remains strong and attracts swing buyers. Our recommendation is to wait for the price to break through this trading range pattern. A strong breakthrough would indicate a clear price pattern.
If you like our idea, please like and comment for more.
Team SetupsFX_
As anticipated, the price is reversing from $98,000 and may experience a significant drop towards $60,000. The $60,000 area remains strong and attracts swing buyers. Our recommendation is to wait for the price to break through this trading range pattern. A strong breakthrough would indicate a clear price pattern.
If you like our idea, please like and comment for more.
Team SetupsFX_
Trade active
As we explained in our start price dropped to our entry point and that selling position is now closed in profit, now we expect our bullish zone to do its things and price is likely to drop from this zone. 
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FREE TELEGRAM GROUP: t.me/ssetupsfx_success
Looking for intraday signals on Forex and XAUUSD (GOLD)?
Use our bot: t.me/SwingTradersUK_BOT
Looking for intraday signals on Forex and XAUUSD (GOLD)?
Use our bot: t.me/SwingTradersUK_BOT
Related publications
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.