XAUUSD 4H: SELL BELOW 1844
HELLO TRADERS
- Let me remind you tat in my previous analysis i have mentioned multi directional setup in Daily Time Frame.
- As per now confirmation for selling we have a strong support @ 1844 which is not just support but channel support now also.
- Main concern for bearish setup is parallel bearish correction.
- I am still seeing that this Daily Channel breakout is just a falls breakout. But we will wait for our confirmation.
- Lets wait for breakout 1844 if 4H candle close below 1844 we will go for short.
"Attaching my previous analysis for educational purpose"
- Let me remind you tat in my previous analysis i have mentioned multi directional setup in Daily Time Frame.
- As per now confirmation for selling we have a strong support @ 1844 which is not just support but channel support now also.
- Main concern for bearish setup is parallel bearish correction.
- I am still seeing that this Daily Channel breakout is just a falls breakout. But we will wait for our confirmation.
- Lets wait for breakout 1844 if 4H candle close below 1844 we will go for short.
"Attaching my previous analysis for educational purpose"
Investment and structure planning :
DM
DM
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