PITCHFORK - CFD XAUUSD Weekly Analysis Feb 26th - Mar 2nd , 2018
BUY XAUUSD
Area: Pitchfork Lower Line
Channel Pitchfork - Ascending
Entry: Instant/1336.000 - Lower Line
Target Profit: 1368 - Median Line
Next Target Profit: NIL
Stop Loss: 1325
Reward Potential: 3200 pips
Risk: 1100 pips
Reason: Price rebounce sharply on lower line pitchfork , retested on lower line and failed to breakthru lower line.
Target price to hit median line
Area: Pitchfork Lower Line
Channel Pitchfork - Ascending
Entry: Instant/1336.000 - Lower Line
Target Profit: 1368 - Median Line
Next Target Profit: NIL
Stop Loss: 1325
Reward Potential: 3200 pips
Risk: 1100 pips
Reason: Price rebounce sharply on lower line pitchfork , retested on lower line and failed to breakthru lower line.
Target price to hit median line
Trade closed: stop reached