On background the down_trend we have a correction/ and we will have the continuation of down_trend:
1st option - from 0.5 level fibo line + RSI potentional sell signal
2nd option - from 0.786 level fibo line + sell signal from "demand zone"
on background the down_trend on Higher TF we have a big rising correction/ now have breakout the rising channel and probably it is a good opportunity to catch a great down_movement
follow my signal for profit ideas
I want continue to hunt for fall of XAUUSD on background the down_trend. And will setup order before action near Fibo line 0.786, after brokeout the reversal_wedge_line. So, setup pending sell order on breakout the fractal_based line/don't forget about SL!