Bullish Cypher on XAUUSD hourly
A little late in posting this one, but nevertheless, a Bullish Cypher Pattern has emerged on the XAUUSD 1 hour chart.
A long can be initiated if the price retraces back to 1185.73 or can be longed at current market price if your R:R Allows for it.
Target: 1198.57
Stop 1175.86
A long can be initiated if the price retraces back to 1185.73 or can be longed at current market price if your R:R Allows for it.
Target: 1198.57
Stop 1175.86
Trade active
Price retraced to Entry level.Trade closed: target reached
Target achieved! 12.85 Dollars movement :)Note
Went on to hit 1214 :)
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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.