XAUUSD long trade idea
I think best is to wait for a pullback, then enter for a long trade. Please see below my thoughts:
- it broke the 4h downward trendline
- it broke the 1h downward trendline
- I see a 15m fair value gap which still has to be filled
- the above is in a Fibonacci golden zone
I'm looking for a trade after I see some good pullback and confirmation. For example the 5m downward trendline has to be broken.
What are your thoughts?
- it broke the 4h downward trendline
- it broke the 1h downward trendline
- I see a 15m fair value gap which still has to be filled
- the above is in a Fibonacci golden zone
I'm looking for a trade after I see some good pullback and confirmation. For example the 5m downward trendline has to be broken.
What are your thoughts?
Note
It went exactly as predicted :)
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.