XAUUSD Quadrupel Top on the 4h. Short Setup!

27 Apr 2020

Hy traders!

Please check the screenshot carefully. Gold looks like it cannot rise higher as for now, indicated by the 4 tops which I marked in the charts.

I also would like to highlight to check the upwards trendline and the orange intraday trendline which needs to be broken, before considering an entry.

Entry on the breakout for a higher risk trade or just wait for a Pullback!

Great trading opportunity with a large RRR of a 1:3 - 1:5, depending on your SL!


Good luck!

27 Apr 2020

Catatan

—————————————————————————————————————————————————————————————————————————————————————————————————

If you get out some value from my technical analysis and want to motivate me to share more ideas in the future, you can consider to support me by simply use my Donation/Affiliate section. All of the suggested exchanges I use by myself. So if you want to support me, feel free to use any of the links below! THANKS :)


Donations and Affiliate Links with Bonuses:




🙏 Crypto donations: bit.ly/2xQHDsv

🔥 PHEMEX up to 72USD BONUS: bit.ly/3bCVTDO

🔥 BINANCE 5% friends commission: bit.ly/354dpyi
🐦 Follow me on Twitter: twitter.com/twinorita






DISCLAIMER (read it please):
Never ever consider a trade without an education and always use a STOP LOSS to protect your account at all costs! Never ever use a mental STOP LOSS! You should also have a strict money management system in place, which allows you to trade with only a 1% Risk for each trade you take! If you are a beginner, you should trade with only 10USD Risk maximum and continue until you have gained the skills and proved yourself to be profitable over a longer period of time!!!

28 Apr 2020

Trade aktif

Price bounced from the trendline. Wait for the trendline to break to consider an entry Short!

28 Apr 2020

Trade aktif

Price action right at the trendline. Will it hold? Prepare for an entry Short if not!

Good luck!