Hi traders:
XAUUSD is still on my weekly watch list for a sell.
We see price action forming this last ascending structure, correcting itself up towards the higher time frame structure, and double tops.
When I see these structure within structure, it further adds confluence to my style of trading.
What I like to see the price do now is to have a strong move to the downside on lower time frame, and I will look for continuation correction to add in the sell.
Its important to know even if price continues to break up, if I see that sharp down move on the lower time frame followed by a correction, the sell is still valid in my plan.
Traders, if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you.
XAUUSD is still on my weekly watch list for a sell.
We see price action forming this last ascending structure, correcting itself up towards the higher time frame structure, and double tops.
When I see these structure within structure, it further adds confluence to my style of trading.
What I like to see the price do now is to have a strong move to the downside on lower time frame, and I will look for continuation correction to add in the sell.
Its important to know even if price continues to break up, if I see that sharp down move on the lower time frame followed by a correction, the sell is still valid in my plan.
Traders, if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you.
Catatan
Catatan
Catatan
Price had an impulse move up, break above structure. However it did retrace back down. This fits of trading plan for a valid setup, If we see a correction here then I would be looking for sell entry down.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.