XAUUSD 4H: SELL ON REJECTION OR BREAKOUT BEARISH CHANNEL
HELLO TRADERS
- As we can see price is respecting this parallel bearish channel.
- As far as price is inside this channel avoid selling.
- Also we have strong Daily level ahead price range 1805-1820
- If price will make any bearish price action on that area we gonna wait for breakout of this bearish channel.
- Let the price decide where it wanna go.
- If bearish channel break then we can sell on retest.
"attaching previous analysis for educational purpose"
- As we can see price is respecting this parallel bearish channel.
- As far as price is inside this channel avoid selling.
- Also we have strong Daily level ahead price range 1805-1820
- If price will make any bearish price action on that area we gonna wait for breakout of this bearish channel.
- Let the price decide where it wanna go.
- If bearish channel break then we can sell on retest.
"attaching previous analysis for educational purpose"
Investment and structure planning :
DM
DM
