XAUUSD | Descending Broadening Wedge
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Price formed a Descending Broadening Wedge pattern. And currently testing its higher boundary, also 200 MA. In case there is a confirmed breakout we can initiate a long position.
Rejection will lead to retest of the Ichi Cloud support zone
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Price formed a Descending Broadening Wedge pattern. And currently testing its higher boundary, also 200 MA. In case there is a confirmed breakout we can initiate a long position.
Rejection will lead to retest of the Ichi Cloud support zone
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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t.me/anputeam
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t.me/anputeam
Twitter account:
twitter.com/anputeam
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Join this telegram channel to see more ideas:
t.me/anputeam
Twitter account:
twitter.com/anputeam
t.me/anputeam
Twitter account:
twitter.com/anputeam
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.