Hey traders,
Gold finally reached an upper boundary of a major daily supply zone that we previously identified.
Now we also have a nice confluence of a horizontal structure and a resistance line of a rising parallel channel.
That point may give us a nice intraday shorting opportunity.
To short the market with a confirmation, follow a rising parallel channel on 1H time frame.
Its bearish breakout will be a good trigger to sell.
Goals will be - 1840; support of the major daily channel.
In case of a bullish violation of a yellow structure cluster, the setup will be invalid.
â€ïžPlease, support this idea with a like and comment!â€ïž
âŹïžSubscribe to my social networks!âŹïž
Kommentera:
Check my new idea on GBPUSD:
â
Join My Telegram Channel: t.me/VasilyTrading
âïžYouTube Channel www.youtube.com/c/VasilyTrader
đ°Instagram: www.instagram.com/VasilyTrader/ đ°
â Facebook: www.facebook.com/VasilyTrading/ â
âïžYouTube Channel www.youtube.com/c/VasilyTrader
đ°Instagram: www.instagram.com/VasilyTrader/ đ°
â Facebook: www.facebook.com/VasilyTrading/ â