Entry = 50 FIB Level, Trendline get broken
Target/TP = 88,6 FIB Level/Resistance = Hell Blue Zone
I get a burnout at my analysing, fck the system
Indicators: TDIGM Divergence "Cryptojesus" (Different Setings), Smart FIBO (ZigZag Lines for Patterns, make the chart invisible and only use), Support and Resistance Levels with Breaks
Stay focused and watch through...
We can see a bearish corrective pattern for either a reversal trend move or part of a bullish corrective move.
Low risk setup.
Trade with care use a stop loss.
2730 target hit and I expect a revisit.
Overall:
Currently ascending channel pattern: mid term bearish until it breaks the lower or upper supports. Which it has, but we are looking for confirmation of the invalidated channel.
Also a nice chunk of volume on the last bullish move which shows big market interest. RSI showing reversal divergence on the daily but a...
this is what i expect form xauaud... look for a sell limit at 2499.00 nd take your profit at 2495.....
it can go a way more down but secure some profit there at 2495
Please enjoy the video. You can look at my signals and see that my win rate is quite high with my strategy.
I will be taking FTMO challenge next year with this strategy.
Hello traders,
Today we are looking at a short setup for XAU/AUD. At the moment we find ourselves in a corrective wave for the previous bearish impulse. This means that the next move should be towards the downside and has the potential to reach the confluence between the support level and the blue Daily trendline.
Trade with care.
Best regards,
Financial...
Even Aussie losing to gold. Need to be careful seems a bit extended and 61.8% retrace of swing low is approaching. Should form a nice consolidation area before we go higher unless bonds and equities unravel
Gold AUD nearing longer term resistance (XAUAUD).
Ascending Broadening Wedge. Probability of downward breakout is 52% to the downside, if a breakout occurs.
