XAUUSD Fails to break it's last high
Hello Traders...
This is an idea that I truly believe is going to happen, we are getting multiple confirmations of a downtrend accumulation - we are waiting for the price to break it's last major swing low, if so that will be a strong confirmation of a downtrend beginning.
Graph Confirmations:
1- Bearish Expanding Triangle - Reversal Pattern
2- Price fails to break it's last high
3- If price breaks its last major swing low
Have a profitable trading! Stay Safe!
Let me know what you think of this idea
This is an idea that I truly believe is going to happen, we are getting multiple confirmations of a downtrend accumulation - we are waiting for the price to break it's last major swing low, if so that will be a strong confirmation of a downtrend beginning.
Graph Confirmations:
1- Bearish Expanding Triangle - Reversal Pattern
2- Price fails to break it's last high
3- If price breaks its last major swing low
Have a profitable trading! Stay Safe!
Let me know what you think of this idea
Comment:
-My last idea/predict for GOLD was actually true, I really feel positive about this predict/idea. It's your choice at the end - Have a safe trading!