GOLD INVERTED HEAD AND SHOULDERS
Updated
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Currently, we are at a weekly support level, which is in confluence with the golden ratio of the Fibonacci Retracement. On top of that, we have a trend line that have been forming since the beginning of 2019 acting as support.
That is why we could see a bounce of this level to complete the H&S patter.
On the other hand, if we break below the trend line and below the weekly support, we should see 1675 again!
...................................................................................................................................................................................
What do you think?
Good luck traders,
Not financial advice
Manage risk and leverage
DYOR
NajjarTrading
WHY FOLLOW?
• 4 Years of experience
• Daily trades
• Daily updates
• Best Entry Points
• Important Zones
• TP/SL
...................................................................................................................................................................................
Currently, we are at a weekly support level, which is in confluence with the golden ratio of the Fibonacci Retracement. On top of that, we have a trend line that have been forming since the beginning of 2019 acting as support.
That is why we could see a bounce of this level to complete the H&S patter.
On the other hand, if we break below the trend line and below the weekly support, we should see 1675 again!
...................................................................................................................................................................................
What do you think?
Good luck traders,
Not financial advice
Manage risk and leverage
DYOR
NajjarTrading
Trade closed: target reached
Good so far, in profits, SL to Break Even
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