#XAUUSD_FORECAST
Hello Friends,
The market now formed a double bottom and good for a reversal trade, but it is not right to buy at this time I think.
My plan is to sell when the price enters the resistance level and look at it briefly to continue the downward trend.
~ Analysis Structure –
* Looking the upper to side sell at.
* Resistance & Support area.
* Double Bottom.
* Possible fall breakout create.
* Flags pattern breakout(possible create).
* RSI indicator selling movemant in Hourly chart.
* Psychology trading
~ Trade Set-up –
First waiting for resistance selling movemant created.
Best sell entry level 1740/1755
Target¹ 1680(DB)
Target² 1600( Psychology)
Stop level 1780
* We hope our work will help you in trading.
~ Forex Analysis Team
Disclaimer:- Market a risky gaming platform. So first talk ur financial advisor.
Trade closed manually
Now Close first entry 1740 Book +30 Pip ✅✅
Sell Xauusd ✅✅
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.
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.