GOLD XAU/USD
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i Trade nothing but my Trading Plan, if you disagree with what you see, it's okay. In the market, there are several ways of trading and we all approach market according to how we know and how we planned. In the end, there are no better trader outthere, but only unique traders! And real traders know that!
So, here we are;
Price has Broken my uptrending support, now i am awaiting a retest on it.
My shaded area is a fibonacci zone area- an area of full correction - 50.0 - 61.8 - that is where the market is more likely (85%) to retest before completing the continuation pattern. And in that zone, you can see that in most cases the price would be rejected in that zone before crossing it.
So, let's see!
i Trade nothing but my Trading Plan, if you disagree with what you see, it's okay. In the market, there are several ways of trading and we all approach market according to how we know and how we planned. In the end, there are no better trader outthere, but only unique traders! And real traders know that!
So, here we are;
Price has Broken my uptrending support, now i am awaiting a retest on it.
My shaded area is a fibonacci zone area- an area of full correction - 50.0 - 61.8 - that is where the market is more likely (85%) to retest before completing the continuation pattern. And in that zone, you can see that in most cases the price would be rejected in that zone before crossing it.
So, let's see!
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