itwasblue

XAUUSD breaking out of falling wedge

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SAXO:XAUUSD   黃金現貨 / 美元
- XAUUSD breaking out of falling wedge on 2hr. It's consists LH LLs.
- XAUUSD also tapped previous lows range and rejected it
- creating HH and HLs on ltf = Basically Gold's market structure is flipping to bullish
Entry when it confirms breakout of wedge
TP1 0.618 fib level
TP2 0.702 fib level
TP3 Top of the wedge
評論:
BOS and this is view on LTf ( lower timeframe)
評論:
Remember we need break above it and a confirmation before entering into it. 2hr candle closed with a big rejection wait for break and confirmation
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