trading plan for gold: rising wedge + structure

ที่อัปเดต:
สแนปชอต

hey traders,

on gold we see how the market is coiling in a rising wedge pattern,
with each bullish leg shorter than the previous.

wedge pattern is a perfect indication of a weakening momentum,
it is typically broken around significant support or resistance area.

our plan for today:
let the market continue its movement in a wedge pattern,
and wait for a bearish breakout as it enters a resistance zone.

targets will be based on structure.

good luck!
บันทึกช่วยจำ
the market following the wedge borders!
บันทึกช่วยจำ
the market in the zone
we see a rejection !
บันทึกช่วยจำ
Bearish violation
การซื้อขายยังคงดำเนินอยู่
บันทึกช่วยจำ
Hit target 1
Supply and DemandSupport and ResistanceWedge

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