XAUUSD: Crucial moments with this trendline.
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Hi traders,
On the XAUUSD we can see that price has reached the trendline. So far we can see a nice wick forming. If we get a close below the trendline, wait for the a retracement and enter from there.
Cheers
On the XAUUSD we can see that price has reached the trendline. So far we can see a nice wick forming. If we get a close below the trendline, wait for the a retracement and enter from there.
Cheers
Nota
We have a breakout, now waiting for the retracement to the broken trendline.Nota
A was hit. Now let's see if we can enter at B.Nota
Perfect retracement towards the trendline at B. Getting close to C now.Nota
The 100% AB=CD pattern will complete at 1213.77, which could be the updated C.Trade chiuso: obiettivo raggiunto
Perfect. All 3 points as expected.
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