xauusd - short (cup and handle)
(1h timeframe)
DETAILS: after a strong uptrend the price made all time high , at the daily time frame we can see at the top (at the all time high) evening star (bearish reversal candlestick pattern) .
The price entered in a strong support and resistance lines (the two yellow ones) , I noticed that the price made inverse cup and handle pattern and broke with big bearish candle the support line (the volume is not that strong) .
we have all the signs that we are before a downtrend.
I have drew the white rectangle as a support areas that can disturb the price a Littleton keep going down.
DETAILS: after a strong uptrend the price made all time high , at the daily time frame we can see at the top (at the all time high) evening star (bearish reversal candlestick pattern) .
The price entered in a strong support and resistance lines (the two yellow ones) , I noticed that the price made inverse cup and handle pattern and broke with big bearish candle the support line (the volume is not that strong) .
we have all the signs that we are before a downtrend.
I have drew the white rectangle as a support areas that can disturb the price a Littleton keep going down.
ملاحظة
if someone has another analysis I would be glad to hear itتم حذف الأمر
the price didn't got to the enter price
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.