XAUUSD descending channel and H&S formation

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Potential long-term H&S formation. Price is getting rejected at the trend line. On the 1H time-frame fib 78,6% has been touched perfectly. I have entered short, tight SL 1621 or for any potential wickfishing up to 1638 just in case as it doesn't affect much the RR is still nice 18.1 with TP-1 around 1424.

NB! This is no trading advice, do your own analysis!
액티브 트레이드
거래청산: 스탑 닿음
1300Descending ChanneldroppingGoldHead and Shoulderslong-termSupport and ResistanceTrend Lines

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