XAUUSD in Symmetrical Triangle | 6 May 2020

6 thg 5, 2020

XAUUSD is in a symmetrical triangle. In stead of playing a breakout in either direction, we decided to play a possible reversal in the triangle as there's no signals for breakout in any time soon. 78.6% and 88% Fibonacci retracement are important triangle retracement levels that we used to identify the levels.

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Until next time, see ya!

8 thg 5, 2020

Giao dịch đang hoạt động

we are in the trade, price is now testing the upper band of the triangle. If price breaks out of the triangle, we will invalidate the idea!

11 thg 5, 2020

Ghi chú