1.) RSI and the Price action are going towards difference directions
2.) XAUUSD is keep testing the 1229.50 level
3.) EMA is getting narrower
4.) A long bearish pin bar has broken the upward channels
Therefore, I believe it will go downward for the next few days.
2.) XAUUSD is keep testing the 1229.50 level
3.) EMA is getting narrower
4.) A long bearish pin bar has broken the upward channels
Therefore, I believe it will go downward for the next few days.
עסקה פעילה:
The market is testing the 1223.50 level now. 6 dollars profit so far. Going pretty well now.
הערה:
TP 1 reached. closed 1/3 of the deal and moved the SL to 1230 level.
הערה:
Price retraced back to 1226 level and already reached the Fib. 0.618 level top (between 1230.50 and 1219.50) which formed AB ($11)
Therefore, it is time to go down for $11 now from 1226 to $1215 for CD range.
um.... seems like it will hit our TP 2 from this interpretation if it goes well.
Therefore, it is time to go down for $11 now from 1226 to $1215 for CD range.
um.... seems like it will hit our TP 2 from this interpretation if it goes well.
הערה:
TP 2: reached. retracing back not over 1221.80.
הערה:
Broke the TP 2. take another 1/3 of the profit. and target for TP3!! Yeah!!!
עסקה סגורה: היעד הושג