H1 time frame.
Structure: Uptrend.
The price broke out of the descending triangle pattern and continued to rise.
The price broke the 1795 resistance zone, now can wait for the price to a retracement to this zone, retest, and appear the Price Action setup to buy with XAUUSD.
The profit target is the old resistance at 1834.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Structure: Uptrend.
The price broke out of the descending triangle pattern and continued to rise.
The price broke the 1795 resistance zone, now can wait for the price to a retracement to this zone, retest, and appear the Price Action setup to buy with XAUUSD.
The profit target is the old resistance at 1834.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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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.
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.