XAU/USD Swing Trend
XAU/USD Swing Trend
- Primary : Down Trend
- Secondary : Down Trend
- Minor : Down Trend
I think now It may be at the end of leg C of 4. and Finished 13 day of Down Trend Already.
However, Trade with the trend, when my Minor Trend looked up, I then waited for the price to adjust down to the EMA line and to the +1 SD line as well.
Therefore, the Buy Position has been opened. The target is to make a profit in the area of 2400, which is the Supply Zone. And place SL when the price breaks the POC of Volume below.
- Primary : Down Trend
- Secondary : Down Trend
- Minor : Down Trend
I think now It may be at the end of leg C of 4. and Finished 13 day of Down Trend Already.
However, Trade with the trend, when my Minor Trend looked up, I then waited for the price to adjust down to the EMA line and to the +1 SD line as well.
Therefore, the Buy Position has been opened. The target is to make a profit in the area of 2400, which is the Supply Zone. And place SL when the price breaks the POC of Volume below.
Note
- Primary : Down Trend- Secondary : Down Trend
- Minor : Up Trend
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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.