XAUUSD Swing Trend
XAUUSD Swing Trend
Down Trend in my 3 Trends Analysis
Open a Sell position when the price reaches the FVG zone and make a Reversal Pattern which is close to the Cancel Minor Trend line which is a short Stop Loss point and is also a significant line from the POC of Volume Normal Distribution above.
Still looking down And the downward momentum will look better when the price drops below 2280.
The target is to drop in the area of 2200 - 2150 which is the lower support zone.
Things to be careful about: Time Cycle, the latest low was exactly 21 days, so this set of downtrends should break the Low to head down for 34 days, according to the Fibonacci proportion.
Trade with faith in your beliefs and follow your own plan.
C.Goii SuperTrader
Down Trend in my 3 Trends Analysis
Open a Sell position when the price reaches the FVG zone and make a Reversal Pattern which is close to the Cancel Minor Trend line which is a short Stop Loss point and is also a significant line from the POC of Volume Normal Distribution above.
Still looking down And the downward momentum will look better when the price drops below 2280.
The target is to drop in the area of 2200 - 2150 which is the lower support zone.
Things to be careful about: Time Cycle, the latest low was exactly 21 days, so this set of downtrends should break the Low to head down for 34 days, according to the Fibonacci proportion.
Trade with faith in your beliefs and follow your own plan.
C.Goii SuperTrader
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