XAUUSD Long
Note
-XAUUSD showing intraday price rejection (long daily wick) by forming a reversal candle (Pinbar/Spinning top/Indecision) AT SUPPORT
-XAUUSD retesting a previous symmetrical triangle breakout
-Stochastic oversold at support
Entry
-Above high of reversal daily candle
Stop
-Below low of reversal daily candle
Target
-2 times stop
Risk Management
-Risk 1% to 2%
-Ratio: 2:1
-XAUUSD showing intraday price rejection (long daily wick) by forming a reversal candle (Pinbar/Spinning top/Indecision) AT SUPPORT
-XAUUSD retesting a previous symmetrical triangle breakout
-Stochastic oversold at support
Entry
-Above high of reversal daily candle
Stop
-Below low of reversal daily candle
Target
-2 times stop
Risk Management
-Risk 1% to 2%
-Ratio: 2:1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.