[XAUUSD] 4hr Long
XAUUSD has been breaking into new highs on our Weekly, Daily and now our 4hr entry time frame. and surfing above our 50/200 EMAs. Price has now had a pullback followed by a valid engulfing pattern. That makes this a good example of the 50ema Valid Engulfing Strategy.
🎯 Entry - 2512.250
💰 Take Profit - 2567.576
❌ Stop Loss - 2493.830
XAUUSD has been breaking into new highs on our Weekly, Daily and now our 4hr entry time frame. and surfing above our 50/200 EMAs. Price has now had a pullback followed by a valid engulfing pattern. That makes this a good example of the 50ema Valid Engulfing Strategy.
🎯 Entry - 2512.250
💰 Take Profit - 2567.576
❌ Stop Loss - 2493.830
Trade closed: stop reached
PAIR: [XAUUSD]
🔴 SL hit -1
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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.