XAUUSD H4 RISING TRIANGLE (BEARISH OUTLOOK)
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Triangle is a type of a correction that correspond to 'rule of five' RW Schabacker described: wave e usually end in what AJ frost termed 'throwover' which explained as normally.
rising triangle is bearish and is usually followed by a sharp (momentum) decline retracing at least back to the level where it began.
rising triangle is bearish and is usually followed by a sharp (momentum) decline retracing at least back to the level where it began.
Nota
guys the price is expected to touch that very resistance line after then we shoot the shoot!Nota
P.S ~ TRADERS THE PRICE IS STILL ATTENDING THE BRIEFLY FLUCTUATION THAT IS EXPECTED TO END NEAR THAT VIEWED RESISTANCE LINE GET READYNota
Y'ALL GET READY FOR A HOT BEARS!
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