tradafx

Head and shoulders pattern completed with XAUUSD

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
15 minutes time frame.
Structure: Downtrend is broken.
After a move down towards the support of 1770, a head and shoulders pattern appeared and completed with the Key level at 1772.
Here, waiting for the price to clear and have a retest move, you can look for opportunities to enter a long order with candlestick pattern setups.
Profit target is the zone 1783-1785.
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