Gold Trading Plan: Head and Shoulders Pattern
By Deya Hroob
To trade such a pattern, we should put a short order below the neckline. ( We need a closed candle below the neckline).
Our target is 1675 with stop loss above the neckline.
This trade set up is based on 1h chart
XAU/USD formed a well-known reversal pattern Head and Shoulders.
To trade such a pattern, we should put a short order below the neckline. ( We need a closed candle below the neckline).
Our target is 1675 with stop loss above the neckline.
Comments
Post a Comment