Gold vs Americano Dollar
Updated
we have 2 time frames here for mid term and long term analysis.
Daily
- We have a almost complete head and shoulder pattern, if things go according to the head and shoulder pattern, we should expect a nice downfall from this point and on
- RSI divergence
- MACD divergence
4hrs
- Broken trend line with a retest already done
- RSI finally heading down after being in a overbought territory for sometime.
- great win to loss ratio
Daily
- We have a almost complete head and shoulder pattern, if things go according to the head and shoulder pattern, we should expect a nice downfall from this point and on
- RSI divergence
- MACD divergence
4hrs
- Broken trend line with a retest already done
- RSI finally heading down after being in a overbought territory for sometime.
- great win to loss ratio
Trade active
Note
Trade closed manually
am closing this pair temporarily till FOMC is over.FOMC may go in our favour but am not willing to take this risk.
I will open this trade if its still valid after FOMC.
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