faylee

[Short Term]XAUUSD//A Retracement to Buy(70-80pips)

Long
faylee Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Wave 3 has gone an extention wave, now it's the wave 5, targetting at 1273-74
Entry:1257-1258
1258.3 to be watched
Tp1:1273
Tp2: to be advised after breaking out 1275
Comment:
1260holds well, possible we'll miss the entry today
Comment:
now should be patient to wait for signal, 4H indicators in bearish div. not in a hurry to long.
Trade active:
1259.5
Trade active:
1259.5
Comment:
2H chart:
Likely retrace 1266-65 go u turn for tg:1276-1279
Comment:
Already have 100pips so far, move sl to breakeven.
1H chart :
still in consoliation 1270 is crucial level to be break out.
Trade closed: target reached:
profit taken at 1266
Trade closed: target reached:
Tg:1273 reached perfectly, before NFP it's unable to break out 1275.
We've already in short from 1272 and still holding.
Comment:
profit taken for short positions at 1266. 60pips.
Trade active:
longed 1261
Comment:
it's already hit short term tg:1270, we already have 80-90pips. now move sl to Breakeven.

Related Ideas

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.