XAUUSD Double Top pattern
#XAUUSD forms a double top on daily chart. Now price on the neckline level. Let's see if the price make it or break it!
Important thing about double top pattern that it become validate after the neckline break. many traders open a position after getting a double top. But this pattern only make valid after neckline break.
So if the price don't break the neckline then there have a possibility to get higher. I'm also waiting to see some clear direction on 1241-1244 zone.
Happy Trading...!!
Twitter: twitter.com/bluejhonfx
Telegram: t.me/fxmona
Important thing about double top pattern that it become validate after the neckline break. many traders open a position after getting a double top. But this pattern only make valid after neckline break.
So if the price don't break the neckline then there have a possibility to get higher. I'm also waiting to see some clear direction on 1241-1244 zone.
Happy Trading...!!
Twitter: twitter.com/bluejhonfx
Telegram: t.me/fxmona
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