- XAUUSD breaking out of falling wedge on 2hr. It's consists LH LLs. - XAUUSD also tapped previous lows range and rejected it - creating HH and HLs on ltf = Basically Gold's market structure is flipping to bullish Entry when it confirms breakout of wedge TP1 0.618 fib level TP2 0.702 fib level TP3 Top of the wedge
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BOS and this is view on LTf ( lower timeframe)
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Remember we need break above it and a confirmation before entering into it. 2hr candle closed with a big rejection wait for break and confirmation