GOLD (XAUUSD) Trade Idea 4Hrs Timeframe Analysis
Updated
What to do when entry fully breaks :
if entries fully break, get in always secure partial profits at Tp1. (always secure some partial profits at Tp1. for bigger accounts take partial profit at Tp1, hold for the extra Tps provided while trailing stop loss)
Remember to quickly scalp the reversals whenever price hits the entries or Tps or Trendlines and doesn't fully break, scalp the reversal and take profit at the next mini support or resistance, those are easy reverse scalping methods.
how to trade the chart throughout the week: Once tp 1 and 2 get hits and doesn't continue to break to the other tps then a reversal back to the main sell or buy entry price level is possible but once the price is back at the main sell or buy entry price level then u buy or sell, if is a buy entry or sell entry respectively.
Support the channel if you profiting from it.
Thanks
Trade active
gold sell tp2 hitted . price bounce off the trendline , a full break off the wick on that trendline will begin the sell trend again. so far 120 pips off the tp1 and tp2 . secure profit . read caption on how to trade the reversals
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