we can sell it with reasonble R/R
Hello guys. Happy new year. I wish have a profitable year.gold break trend line sell on the pull back
this pair is on my watch list and I think it has potentioal of head and shoulders
trend line broken and price reverse to this trend line+61.8 last wave
gold break the structure and last week pull back now we can buy it with price action
we can see +divergnce on the chart too
we could short with excellent R/R.first target is 61.8 of last wave
price couldnot go to higher high + engulf bearish
price couln't go higher and breaking the trend line confirm our pattern
we can sell for 2reason . trend line and pull back to 61.8
every thing is clear. price broke its wedge. wait for pull back and sell it if you see nice price action
Hi guys. As you see price broke the supply zone so strongly and at the same time ab=cd compelet. then we can wait price pull back to supply zone and we could put pending order at this area. but please donot rush for entery and look at price actions like engulfing candels or inside bar in the lower time frame
first target will be where ab=cd compelet
Before NFP pull back to neck line and provide good chance to enter