Description
⋅ Hi traders
Here the quick analysis for the week :
- DXY BROKE BEARISH CHANNEL
- PA COULDN'T STAY OVER SYMMETRICAL WEDGE WITHOUT GETTING REJECTED STRONGLY
- LOWER LOWS, LOWER HIGHS
- MACD + RSI DIVERGENCE
- VERY TECHNICAL DROP (TOUCHING SUPPORT AND FIB EXTENSIONS NICELY WITH RETRACEMENTS)
Here's what I'm thinking for this pair :
XAUUSD SELL
ENTRY : 1320.36
SL : 1329.48
TP : 1281.20
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.