Rik_Rik

ABCD pattern in formation, wait for the point "D" to short it.

Short
Rik_Rik Updated   
FX:XAUUSD   None
Good Bearish Divergence on Weekly chart, Short when it hits point D.
Comment:
It missed the point D by 70 pips and it was on Weekly so we can take it as pattern completion.
Trade active:
sell limit triggered
Trade closed: stop reached:
Pattern is Invalid now
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.