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VaidoVeek
Jan 21, 2020 12:44 PM

GOLD (XAU/USD) | A Possible Short-term SELL Opportunity! Short

GoldOANDA

Description

Hi,

Wait for a rejection candle or candlestick patterns inside the marked red box.

Criteria:
1) We have a fakeout above the Ascending Triangle
2) Short-term counter-trendline breakout
3) Confirmed 4H Evening Star
4) Fibonacci retracement 62%
5) Trendline and the strong price zone retest should act as a resistance.
6) As said, wait for a rejection candle or candlestick patterns

Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!

Regards,
Vaido
Comments
UnknownUnicorn4762443
hi, dear
thanks for sharing Ideas
why don't you analyze ideas in higher timeframe such as H4 daily for confirmation of your idea.
is it sufficient only H1 timeframe?
VaidoVeek
@SEYED98, Hi,
"3) Confirmed 4H Evening Star"
Regards.
transparent-fx
XU will be nice to follow, my view
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