XAUUSDPair: Gold(12H)
Setup: HNS
Confluence:
Bullish Marubozu
Structure Breakout on 4H
Confirmation Needed:
Price has to break upper trendline for uptrend confirmation
Entry:
Sell @ 1495, SL @ 1485 (100 pips), TP @ 1520(250 pips)
Let's see how it goes.
Trade closed manually
Cut loss gold @ 50 pips. Bearish momentum kicks in, wait for better structure
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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.
Related publications
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.