As you can see Xauusd made an ascending channel at the flip area so it is not out of mind if this is going to do some correction but for a short position's confirmation, wait for the channel breakout,
Then you can get a short position and I show two targets for that!
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Comment
touched the bottom line of the channel!
Trade active
breakout happened
Trade closed: target reached
the first target touched
Comment
if the next line of channel breakout you can get another short position as well. I mean the circle yellow
Trade active
A QMC pattern in a short-term time frame! it is risky by the way:
Comment
i should correct this channel: if the next line of channel breakout you can get another short position as well. I mean the circle yellow
Trade active
Trade active
short position:
Comment
target 1: 1924.2 target 2: 1922
Trade closed: target reached
first target touched
Trade closed: target reached
Comment
so close to the next target
#xauusd #gold
Trade closed: target reached
target touched
Comment
did you recognize that the final target area was a great area for getting long position?
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