hey traders,
on gold we see how the market is coiling in a rising wedge pattern,
with each bullish leg shorter than the previous.
wedge pattern is a perfect indication of a weakening momentum,
it is typically broken around significant support or resistance area.
our plan for today:
let the market continue its movement in a wedge pattern,
and wait for a bearish breakout as it enters a resistance zone.
targets will be based on structure.
good luck!
Commento:
the market following the wedge borders!
Commento:
the market in the zone
we see a rejection !
we see a rejection !
Commento:
Bearish violation
Trade attivo
Commento:
Hit target 1
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅