XAUUSD ANALYSIS -UPDATE
I was tagged out one or two times BY A FEW PIPS):, but because I calculated my risk accordingly and also managed my entries entries accordingly, I was able to take advantage of this opportunity on XAUUSD!
Current Analysis Update: Based on the fact that Gold just broke the monthly low and impulsed so aggressively to the downside, I’m anticipating a tight flag of 6-8 H1 candles -looking for confirmation on the H1/M15 or a large correction and then an entry into the short position to complete the sell set up reaching the 90% zone where my TP is set.
Remember: this is not a signal and is only my representation/analysis of the way I view markets and how & when I will be further capitalizing on this trade. If you fellow traders do decide to capitalize on this trade, make sure to calculate and manage both trade and risk accordingly.
I wish you fellow traders a blessed Fxday. -(Fxday =Monday-2-Friday).
New analysis will be posted throughout the course of the weekend.
Current Analysis Update: Based on the fact that Gold just broke the monthly low and impulsed so aggressively to the downside, I’m anticipating a tight flag of 6-8 H1 candles -looking for confirmation on the H1/M15 or a large correction and then an entry into the short position to complete the sell set up reaching the 90% zone where my TP is set.
Remember: this is not a signal and is only my representation/analysis of the way I view markets and how & when I will be further capitalizing on this trade. If you fellow traders do decide to capitalize on this trade, make sure to calculate and manage both trade and risk accordingly.
I wish you fellow traders a blessed Fxday. -(Fxday =Monday-2-Friday).
New analysis will be posted throughout the course of the weekend.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.