Hello Traders, I hope a wonderful week for you.
as you can see this is the wedge pattern and the best way to enter a trade is to wait for this pattern breakout.
In 4H timeframe chart you see the pullback on the support zone and it means the wedge pattern might break from upside. But in the Weekly timeframe chart there is a bearish market structure.
Please look at the 4H timeframe chart!
XAUUSD 4H timeframe chart:
What do you think about this chart?
Good luck!
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as you can see this is the wedge pattern and the best way to enter a trade is to wait for this pattern breakout.
In 4H timeframe chart you see the pullback on the support zone and it means the wedge pattern might break from upside. But in the Weekly timeframe chart there is a bearish market structure.
Please look at the 4H timeframe chart!
XAUUSD 4H timeframe chart:
What do you think about this chart?
Good luck!
----------
Show me some love with following my tradingview page and please don't forget to like 😃🧡
