USDCAD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARDUSDCAD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Forxtrading
XAU/USD Price Action Zones & Trade Setup (Aug 20, 2025)Analysis:
The market recently made a CHoCH (Change of Character), signaling a possible bearish structure.
First Selling Zone (3340 – 3350): Strong resistance area where sellers may push price down.
Second Selling Zone (3350 – 3360): A deeper liquidity grab area for confirmation shorts.
First Buying Area (3308 – 3320): Demand zone where buyers might step in for a short-term bounce.
Second Buying Area (3270 – 3280): Stronger demand, ideal for swing buy opportunities if price dips further.
Price is currently around 3323, hovering near equilibrium, likely to retest selling zones before dropping to buying areas.
📈 Trade Plan:
Sell Entries
🔹 First Short: Around 3340 – 3350 (First Selling Zone).
🔹 Second Short (confirmation): Around 3350 – 3360 (Second Selling Zone).
🎯 Targets:
TP1: 3320 (First Buying Area)
TP2: 3280 (Second Buying Area)
🛑 Stop Loss: Above 3365
Buy Entries
🔹 First Buy: Around 3310 – 3320 (First Buying Area) for a small bounce.
🔹 Second Buy (stronger): Around 3270 – 3280 (Second Buying Area).
🎯 Targets:
TP1: 3340 (back to resistance)
TP2: 3355 (liquidity above first selling zone)
🛑 Stop Loss: Below 3260


