hello guys...
xauusd is in a bullish trend, why?
now, what we should do?!
in my opinion, there are two scenarios,
the first one is to get a long position after the price breaking up the handle
the second one is when the price retraces to the green area and then get a long position, it up to you!
____________________________
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
xauusd is in a bullish trend, why?
- the cup and handle pattern
- there is an ascending channel and breaking up that once
- a hunting level on the opposite side (the green area)
- breaking up the last higher high
now, what we should do?!
in my opinion, there are two scenarios,
the first one is to get a long position after the price breaking up the handle
the second one is when the price retraces to the green area and then get a long position, it up to you!
____________________________
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
👉 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.