XAUUSD: Crucial moments with this trendline.

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Hi traders,

On the XAUUSD we can see that price has reached the trendline. So far we can see a nice wick forming. If we get a close below the trendline, wait for the a retracement and enter from there.

Cheers
Nota
We have a breakout, now waiting for the retracement to the broken trendline.
Nota
A was hit. Now let's see if we can enter at B.
Nota
Perfect retracement towards the trendline at B. Getting close to C now.
Nota
The 100% AB=CD pattern will complete at 1213.77, which could be the updated C.
syot kilat
Dagangan ditutup: sasaran tercapai
Perfect. All 3 points as expected.
EWXAUUSD

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