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stylebh
Aug 20, 2020 6:03 PM

XAU/USD AUG.20.2020 Short

GOLD (US$/OZ)TVC

Description

Based on waves analysis, we are expecting a sell set up, after the formation of the fifth wave of a Wolfe Wave pattern. the pattern will be confirmed by the breakout of the descending trend line then, it must come back and close within the triangle, at this moment a short position should be a good trade.
Entry : 1970
SL : 2015
TP : 1865
Comments
MohammadIbrahimnoorzai
Based on this analysis we have only tomorrow of this week so if it went that far within 24 Hrs and got down it would be OK if it went up for tomorrow and didn't came back it would be hard to come back that easy
stylebh
@MohammadIbrahimnoorzai reaching those levels tomorrow isn’t necessary, it’ll probably happen next week
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