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 .

Not

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

İşlem aktif

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

İşlem kapandı: hedefe ulaştı

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

Not

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

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

FX_Elite_Club

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