XAUUSD Taken a Buy trade
Updated
Hello Traders!
After the descending channel and a strong bullish candle, I have taken the long trade. Gold is on an uptrend as you can see in the chart.
Market-BUY: 1776.26
Stop-Loss: 1772.00
Take-Profit: 1788.50
Stop-Loss: 42 pips
Risk: 1%
Risk-Reward: 2.67
What do you think?
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After the descending channel and a strong bullish candle, I have taken the long trade. Gold is on an uptrend as you can see in the chart.
Market-BUY: 1776.26
Stop-Loss: 1772.00
Take-Profit: 1788.50
Stop-Loss: 42 pips
Risk: 1%
Risk-Reward: 2.67
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
Note
Very good setup. Taken partial profit and SL at break-even...
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