XAUUSD Pattern Formation
During the last bearish momentum which happened between 2790 - 2536, there were imbalances created in between (2 FVGS covered in the chart) and one has already been covered.
I do anticipate that the price might complete this imbalance and continue with the bearish movement! An analysis will follow up using a shorter time frame.
I do anticipate that the price might complete this imbalance and continue with the bearish movement! An analysis will follow up using a shorter time frame.
Trade active
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Note
Move the SL slightly above the entry point.Trade closed: target reached
TP Hit!
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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.