XAUUSD Fails to break it's last high
Hello Traders...
This is an idea that I truly believe is going to happen, we are getting multiple confirmations of a downtrend accumulation - we are waiting for the price to break it's last major swing low, if so that will be a strong confirmation of a downtrend beginning.
Graph Confirmations:
1- Bearish Expanding Triangle - Reversal Pattern
2- Price fails to break it's last high
3- If price breaks its last major swing low
Have a profitable trading! Stay Safe!
Let me know what you think of this idea
This is an idea that I truly believe is going to happen, we are getting multiple confirmations of a downtrend accumulation - we are waiting for the price to break it's last major swing low, if so that will be a strong confirmation of a downtrend beginning.
Graph Confirmations:
1- Bearish Expanding Triangle - Reversal Pattern
2- Price fails to break it's last high
3- If price breaks its last major swing low
Have a profitable trading! Stay Safe!
Let me know what you think of this idea
Note
-My last idea/predict for GOLD was actually true, I really feel positive about this predict/idea. It's your choice at the end - Have a safe trading!
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.
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.