hello guys...
as you can see a descending channel is in progress now!
in that specific channel, it formed a QM pattern by hunting the lower low!
on the other hand, the flag area and the ascending trendline are so close to the price and I believe that the $25100 area is fantastic for getting a long position but first I am into the short position until the price reach to $25100 and after that, I am going to get a long position!
___________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
as you can see a descending channel is in progress now!
in that specific channel, it formed a QM pattern by hunting the lower low!
on the other hand, the flag area and the ascending trendline are so close to the price and I believe that the $25100 area is fantastic for getting a long position but first I am into the short position until the price reach to $25100 and after that, I am going to get a long position!
___________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Note
toward the target, do you get it?Trade closed: target reached
if you get it close to half of the position here!Note
it will continue a downward movement!Trade closed: target reached
The price hit the target:
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.