XAUUSD (H4) Weak RSI divergence appears combined with a bearish Pinbar candlestick reversal. We can execute a Sell order at the current price (2040) With trading plan:
Stop loss at 2048 TP 1 at 2030 TP 2 at 2020 : Fibonacci Retracement (0.382) TP3 at 2001 : Fibonacci Retracement (0.618) TP4 at 1990 : Fibonacci Retracement (0.786) Weak divergence of RSI
Note: Capital management 2%
Comment
TP 1 get. Raise your stop loss to positive and make sure you don't lose capital!
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