● Here we see a classic pattern in the XAUUSD chart, the result of which is a price drop, which works very well !

● First, we have to be patient to see the third roof; Because this pattern usually has three roofs! You can decide to open a deal there!

●The next point is that these three roofs have a divergence, which is determined by the RSI indicator! We also see divergence!

● For more certainty and a less risky trade, you can wait until the red trendline breaks properly. That's when he was looking for an excuse for a sell deal in the pullback!

💬And in the end, I hope this view will work for you and improve your business! I will be happy to comment your opinions and ideas to me!
Be successful and profitable! 🤍🫶🏻🩷
Technical IndicatorsRising WedgeTrend AnalysisWedgeXAUUSDxauusdshort

Aviso legal