XAUJPY 4H bearish view.
-overall strong daily uptrend.
-may see pullback after breaking 4h uptrend line.
-formation of H&S pattern.
-waiting for breaking the neck line.
-short trade with good R/R ratio with the target level up to the 4H demand zone.
-do not forget your SL.
-may see pullback after breaking 4h uptrend line.
-formation of H&S pattern.
-waiting for breaking the neck line.
-short trade with good R/R ratio with the target level up to the 4H demand zone.
-do not forget your SL.
Note
the setup is not valid.
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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.