mpho93

SAME RESISTANCE LINE

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XU has been repeating the same resistance line, pointed arrows to explain easily

RED ARROW- i saw a beautiful risi ng wedge towards the resistance line hen it broke I tooked a shot on the second mini support lines

BLUE ARROW - I SAW channel heading towards the same resistance line then it broke down i took a shot after the mini support line but i took a loss because of ELECTIONS. N it broke the resistance line

YELLOW ARROW - Market came back inside the channel and i formed a flag heading towards the same resistance line it broke n i took a shot after Tue mini support line
BLACK ARROW - It formed a double bottom after it broke i waited for retest BT it just shot up and left me behind

LIME ARROW - ITS NOW, it FORMED PATTERN CHECK ON 1HOUR

ALL THIS SHOT I TRADED THEM ON 1hour TF
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