XAUUSD Possible H&S

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Possible H&S forming on M15.

First TP: 1504

Second TP: 1498

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ملاحظة

Right shoulder looks complete. Highest it reached was 1503. Now we want to short gold.

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ملاحظة

To be safe - wait for the right shoulder to reach neckline. at 1501 and show a downside confirmation before shorting.

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تم إغلاق الصفقة يدويًا

H&S did not follow through with a drop below it’s neckline and bounced off the resistance line. H&S is no longer valid.

Secure profits and close your trades.