Hello traders eyes are on gold for a nice short.
Price is forming a nice ascending channel along with divergence on 1hr timeframe and is correctively scaling to the upside.
Watch for the market to break the ascending channel or you can enter at the top for a risk-entry.
If you want to wait for a confirmation wait for a 15minute impulse and a small flag for continuation.
Possible Risk : Reward 1:3
Price is forming a nice ascending channel along with divergence on 1hr timeframe and is correctively scaling to the upside.
Watch for the market to break the ascending channel or you can enter at the top for a risk-entry.
If you want to wait for a confirmation wait for a 15minute impulse and a small flag for continuation.
Possible Risk : Reward 1:3