● Here we see a classic pattern in the XAUUSD chart, the result of which is a price drop, which works very well !
● First, we have to be patient to see the third roof; Because this pattern usually has three roofs! You can decide to open a deal there!
●The next point is that these three roofs have a divergence, which is determined by the RSI indicator! We also see divergence!
● For more certainty and a less risky trade, you can wait until the red trendline breaks properly. That's when he was looking for an excuse for a sell deal in the pullback!
💬And in the end, I hope this view will work for you and improve your business! I will be happy to comment your opinions and ideas to me!
Be successful and profitable! 🤍🫶🏻🩷
● First, we have to be patient to see the third roof; Because this pattern usually has three roofs! You can decide to open a deal there!
●The next point is that these three roofs have a divergence, which is determined by the RSI indicator! We also see divergence!
● For more certainty and a less risky trade, you can wait until the red trendline breaks properly. That's when he was looking for an excuse for a sell deal in the pullback!
💬And in the end, I hope this view will work for you and improve your business! I will be happy to comment your opinions and ideas to me!
Be successful and 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.
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.