XAUUSD Technical correction on the Channel Up started.
Gold is trading inside a Channel Up for the entire month of January.
This pattern has so far given 4 corrections/bearish waves, all of which hit their 0.5 Fibonacci retracement level.
Given that the price got rejected today at the top of the pattern, we anticipate that the new technical correction has started.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 2775 (on the 0.5 Fibonacci level, like all previous 4 corrections).
Tips:
1. The RSI (1h) already formed a Bearish Divergence, which confirms the sell signal.
Please like, follow and comment!!
Notes:
Past trading plan:
This pattern has so far given 4 corrections/bearish waves, all of which hit their 0.5 Fibonacci retracement level.
Given that the price got rejected today at the top of the pattern, we anticipate that the new technical correction has started.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 2775 (on the 0.5 Fibonacci level, like all previous 4 corrections).
Tips:
1. The RSI (1h) already formed a Bearish Divergence, which confirms the sell signal.
Please like, follow and comment!!
Notes:
Past trading plan:
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Also doing account management, earn +15% monthly profit!
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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 our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.