potential short trade on GOLD.
on 4h we see a very nice bearish engulfing candle.
on 1h we see a head and shoulders pattern formation.
IF 1H candle closes below the neckline, for us it will be a signal to sell the market.
T1 - 1448
T2 - 1435
IF the market sets new higher high the order will be canceled and setup will be invalid.
Order cancelled
Invalid setup
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.