XAUUSD is trading on a Channel Up on the 1H timeframe.
The price reached its top and the Harmonic Resistance Zone.
The 1H RSI broke over the 70.00 overbought region.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 1965 (Harmonic Support Zone and near the bottom of the Channel Up).
Tips:
1. The Channel Up is within a wider Triangle pattern. The more the price approaches the Triangle's top, the stronger the sell sentiment becomes.
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The price reached its top and the Harmonic Resistance Zone.
The 1H RSI broke over the 70.00 overbought region.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 1965 (Harmonic Support Zone and near the bottom of the Channel Up).
Tips:
1. The Channel Up is within a wider Triangle pattern. The more the price approaches the Triangle's top, the stronger the sell sentiment becomes.
Please like, follow and comment!!
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Also doing account management, earn +15% monthly profit!
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.