GOLD Head & Shoulders Pattern Done ,Can We Sell & Get 500 Pips ?

Here is my 15 Mins Chart On GOLD Again The price Created a very clear reversal pattern ( Head & Shoulders ) and the price made a very good bearish price action now but the price still not confirmed the pattern by closing below the neckline. so we can enter a sell trade when the price close below it and go back to retest the broken neckline to can use a small stop loss , when we have a retest for the broken neckline give us more confirmation to be sure it`s a real breakout so we can use a decent stop loss , and we can targeting from 200 to 300 Pips with a decent stop loss . if we Still above the neckline then we can`t enter a sell trade and the price might go up again .

Reasons To Enter :

1- Clear Reversal Pattern
2- Clear Bearish Price Action .
3- Bigger T.F Giving Good Bearish P.A .

Note

The Price Closed Below Neckline And Confirmed The Pattern , We Can Enter A Sell Trade

Transaction en cours

The price closed below neckline and then gave us +200 Pips

Trade fermée: cible de profit atteinte

The price touched our selling area and reached the max target + 300 Pips

Note

The Price Continued To Downside From Our Selling Area +1000 Pips

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Publications connexes

GOLD New Range For BUY&Sell Spotted , 1500 Pips Waiting !

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