XAUUSD: Crucial moments with this trendline.

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

Komen:

We have a breakout, now waiting for the retracement to the broken trendline.

Komen:

A was hit. Now let's see if we can enter at B.

Komen:

Perfect retracement towards the trendline at B. Getting close to C now.

Komen:

The 100% AB=CD pattern will complete at 1213.77, which could be the updated C.

Dagangan ditutup: sasaran tercapai:

Perfect. All 3 points as expected.