DLavrov
Short

Bearish Divergence - Gold Short

FX:XAUUSD   Gold / U.S. Dollar
426 4 16
Daily chart , price is near up Bollinger Band . It looks like that we'll have reversal and correction to Moving Averages 20 at least. Why not to try get this movement? Based on 4H chart we have a signal for short trade. Bearish Divergence is formed by MACD and RSI . ADX starts falling and it's a confirmation that the up movement is not so strong now. Open short trade below 1363.10 with stop order above 1375.25 and profit targets near Moving Averages with periods 50 and 100.
Trade closed: target reached
Trade recommendations on Hacked.com: https://goo.gl/4K6zWv
Trading Signals for Crypto: https://t.me/dlavrov_tch

Trusted London Broker: https://goo.gl/1ZTovE
Free Forex Signals: https://goo.gl/rHLWcE
very accurate on ur chart, thumb up
Reply
Thanks )
Reply
isn't that a 5 wave count completion?
Reply
Yes, it can be 5th wave. But I don't use waves in trading and prefer to work with indicators, candlestick patterns and levels.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out