XAU/USD (GOLD) Symmetrical triangle - Waiting for BREAKOUT ?
REMIND: Please calculate R:R carefully before entering a position. Only risk 1% for every trade. This way helps traders live in the MARKET for good. THERE IS NO EXCUSE for any one risk over 10% or 20%, they will be slapped in the face by MARKET.
Trade active
ENTERED LONG POSITION 1719. STOPLOSS 1715 (40 pips)
Trade active
Profit 40 pips. Close 50% Position and Move Stoploss to ENTRY 1719. No matter what happens, i still havep profit for this trade.
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I see Candlesticks forming STRONG REJECTION DOWN SIDE, it's going UP
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Note
If Price up to 1730, and retest to 1726. ENTER another LONG POSITION at 1726 and move STOPLOSS to 1724 for all POSITION (PYRAMID TRADING)
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Everything is going WELL. BULL COME BACK !!! Keep an eye on 1730 then retest 1724~26
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