XAU Optimal Trade entry
- In past two week price is created the Higher High and Higher Low, Showing the behavior of Bullish sentiment.
- From Wednesday to Friday price created a pennant pattern and break the pattern to buy side.
- Price hit the order block area, pullback are expected.
- Current price is consolidating in the previous Asian Range (Friday), the ideal position for entry in long position, as the previous low for the exit point
Trade closed: stop reached
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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.