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Wave-Trader
Sep 18, 2017 10:04 AM

XAUUSD Watch breakdown of up trend during FED rate decision  Short

FX:XAUUSD1D
Gold/U.S. DollarFXCM

Description

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Hi fellows, I am looking for the XAUUSD to drop back in the structure. One more up wave is possible. In case we see an other up wave then look for sell from top. Good Luck fellows.

Comment

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Yes it is breaking but dont chase the running candles wait and watch for Trend continuation pattern to forms and then join the bearish trend selling without valid TCP means you can get trap over there so watch for this update and then join the reversal.

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Here we got fellows a nice flag is just emerging over there ahead of FED rate decision. Watch this flag breakout during FED event and look for sell on strong breakout. Good Luck fellows.

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Watch this breakout and simply sell the breakout during the FED rate decision.

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Move on break even and look for further downside.

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Watch another flag for next short.

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Watch another breakout

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Watch another TCP before any sell

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Trend AnalysisChart PatternsWave Analysisclassical_patterns
Comments
Thraia
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Oh! I'm sorry. I got it. :)
Thraia
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@Wave-Trader what do you mean by "will resume the uptrend"? Do you mean retest?
popshvt
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1180 in Dec is delicious~~~!!!
Crossfitmerter
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Hi wave , at day chart on Fibo ? Correct ? I use start keft to right ?
Mannnassser
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Dear Imran: did not receive your webinar link for today.
Wave-Trader
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@Mannnassser, i will update status very soon.
Mannnassser
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@Wave-Trader, Thanks. I thought i missed it
ofa
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Sir please advice as SL for the posted update.
f_sirin
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it was perfect set up and thanks a lot for updating a lot of time. It gave me courage...
ofa
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Dear Sir, please advise how this pattern is developing and what level to short from top today? Also advise SL
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