SergeantPringles

XAUUSD - 4H - Head and Shoulders like Symmetry

SergeantPringles Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
4
If we can break the dashed blue line to the upside like we are currently tryin, look for corrections on the lower timeframe to go long. if we then get all the way up to the solid blue line, try to look for reversalsignals to go short
Comment:
i think this qualifies enough as a breakout especially considering we didnt even made a lower lower since the last test of the dashed line. im now waiting for a bit clearer abc like correction on somthing like a 15m timeframe to go long.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.