tonz_of_gunz
Short

XAUUSD POSSIBLE H&S ON H1

FX:XAUUSD   Gold Spot / U.S. Dollar
Gold             might develop a head and shoulders pattern after it broke out of h1 upward channel so i am watching this instrument closely for a sell set up around 1360 area or after neckline break, good luck and trade safe!
Comment: Nice drop on gold!
Trade closed: target reached: I did not catch all the move from 1360 but went short gold after neckline break. Now i am waiting for some kind of retrace so i can short this again to 1300 area.
snapshot
I don't expect an answer for this......but...... how the hell did you predict that right shoulder?!!
perfect planning.
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tonz_of_gunz NavidDavani
It s hard to give you an answer, i just saw it like a good possibility after it broke the channel to make a correction there and form a head and shoulders.
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perfect !
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Thank you!
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so far it is following it...
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Age of Empires! Damn, loved that game! If it drops fast now and we go out of the channel yeah short set up still in play, NFP tomorrow could have a big impact so its tricky but thanks for the comment.
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still valid or the right shoulder is too high and just confirms continuation of uptrend? thanks for sharing!
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Well as long as it stays in the channel it confirms continuation of uptrend so yeah is not valid anymore.
+1 Reply
nice
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tonz_of_gunz Jia En Cai
Thank you!
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