VasilyPonomarev
Long

retest of structure and trend continuation

FX:XAUUSD   Gold / US-Dollar
snapshot
hello traders,
on gold             today we have nice trading opportunity to follow.
as the market continues to establish new higher highs and right now
we can catch new bullish wave following local trendline and retest of structure.
I base my first target on previous structure high
stop about 1337
Kommentar: Hit trendline
Kommentar: Attempt to break the channel
Kommentar: Breakout
It broke through, thats a bad sign no?
Antworten
VasilyPonomarev NorthLumberJack
@NorthLumberJack, no
Look
It is back
Antworten
NorthLumberJack PRO VasilyPonomarev
@VasilyPonomarev, have to break the downtrend first Id say, then buy long.
Antworten
hi Vasily, it seems like we broke the channel and its coming back for a retest at the bottom of the channel, it looks more like a short
Antworten
@Tunga1983, hello, if we broke and close outside
It is breakout
For now we can’t say so
Antworten
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