onepunchacademy

XAUUSD looking for short as long market stay below 1703.93

Viés de baixa
OANDA:XAUUSD   Ouro/Dólar Americano
XAUUSD based on chart given on weekly i have seen 5 motive wave up and currently waiting for comfirmation if wave 5 of i was completed or not.. based on chart below we can see the market already travel until fibo 61.8% of wave 1-3.. and i have seen some rejection at that level which is 1703.93.. based on this im assuming that the motive wave was already completed and waiting for drop to make a bigger correction of wave A B and C to complete wave ii..

my personal oppinion look at lower TimeFrame to fine Structure Breakout to short and place STOP LOSS at the last high seen on the chart TQ.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.