XAUUSD... 4h review
Updated
from my last analysis until now (linked down below) price still trapped into the ascending wedge,
hovering over a local trend line moving in the ranged zone.
although we had lots of chances for scalp trading but the main move not happened yet.
so price can keep moving between 2 edges of our wedge tending to test the blue area
around 1845$ in days coming.
however closing below the baseline of my chart increase odds to drop.
above the baseline has more chance for testing upper resistant levels, let's see.
Enjoy the market
#WOMAN. LIFE. FREEDOM
hovering over a local trend line moving in the ranged zone.
although we had lots of chances for scalp trading but the main move not happened yet.
so price can keep moving between 2 edges of our wedge tending to test the blue area
around 1845$ in days coming.
however closing below the baseline of my chart increase odds to drop.
above the baseline has more chance for testing upper resistant levels, let's see.
Enjoy the market
#WOMAN. LIFE. FREEDOM
Trade closed: target reached
hit the area on the top of the wedge as expected.now above the base line or the area is heading for next target around 1870 or below the base line will drop. let's see
Note
closing above the area will lead the price to next area levels between 1870 and 1880.Trade closed: target reached
our long shot target hit and closed.
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