XAUUSD touched H1 POI a potential short.
Updated
Hey traders,
I'll be starting to post my analysis this will be like my journal and I want to see if my analysis is getting right and record it.
I'm using multiple time frame analysis and in the 4H Time Frame, we're still on the up trend however in H1 is now down so I believe we will create another low since it hit the POI zone.
My entry is on the M5 time frame since I noticed that it already created a break out wave.
Wish I can explain it more.
I might be wrong but who knows.
I'll be starting to post my analysis this will be like my journal and I want to see if my analysis is getting right and record it.
I'm using multiple time frame analysis and in the 4H Time Frame, we're still on the up trend however in H1 is now down so I believe we will create another low since it hit the POI zone.
My entry is on the M5 time frame since I noticed that it already created a break out wave.
Wish I can explain it more.
I might be wrong but who knows.
Trade active
Our entry was triggered. We are already 1% up. To be safe I'll make sure to move my stop loss to breakeven now. I also wanted to share the view of it from M5 but I don't find an option to upload a photo. If you know how kindly let me know.Trade closed: target reached
Only Target 1 reached
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