When we approached the chart this morning, we have seen gold respecting the trendline but we also seen high wick rejections to the top-side indicating that price may break the trendline. After we seen the high wick indecision candle on the 5-min timeframe, we opened a short position with targets aimed at support for a reward of 5x our risk
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For more value and signals, join the Skyboxpips community t.me/Skyboxpips
Follow us on Instagram @skyboxpips
Follow us on Instagram @skyboxpips
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.