XAUUSD short
XAUUSD short based on technical 1H - 1D analysis. Entry on lower time frame (1m - 15m).
SELL at 1914
SL at 1916.50
TGT at 1906.50
Chart pattern "whale-tail".
Description:
1 On a higher timeframe (1H - 1W, or higher), you need to find a bar (whale).
2 Main properties: a) High-Low should be more than ATR,
b) The body should be smaller than a tail.
3 If the tail is facing up, then that is a long play; otherwise, it's a short play.
SELL at 1914
SL at 1916.50
TGT at 1906.50
Chart pattern "whale-tail".
Description:
1 On a higher timeframe (1H - 1W, or higher), you need to find a bar (whale).
2 Main properties: a) High-Low should be more than ATR,
b) The body should be smaller than a tail.
3 If the tail is facing up, then that is a long play; otherwise, it's a short play.
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