Hello my friends,
It's been long since my last post.
I stay away from the market the last 4 days because i got no proper setup to trade. Also there are a lot of fundamentals issue so it was quite dangerous to take a trade.
For today i am gonna trade lightly with XAUSD.
I got bored and try looking at lower timeframe for a trade setup. Incidentally i found an opportunity on XAUUSD.
Price rally yesterday for 250 pips and today we saw a retracement.
I tried counting the wave and i found that we are going to see some upside movement because we are just finished with 3rd wave.
It stop exactly at 161.8% fibonacci retracement.
Buy XAUUSD 1905
Stop loss 1901
Take profit 1913
RR Ratio 1 : 2
Use only 1-2% risk
Good luck
Disclamer : I bought XUUSD from 1905
It's been long since my last post.
I stay away from the market the last 4 days because i got no proper setup to trade. Also there are a lot of fundamentals issue so it was quite dangerous to take a trade.
For today i am gonna trade lightly with XAUSD.
I got bored and try looking at lower timeframe for a trade setup. Incidentally i found an opportunity on XAUUSD.
Price rally yesterday for 250 pips and today we saw a retracement.
I tried counting the wave and i found that we are going to see some upside movement because we are just finished with 3rd wave.
It stop exactly at 161.8% fibonacci retracement.
Buy XAUUSD 1905
Stop loss 1901
Take profit 1913
RR Ratio 1 : 2
Use only 1-2% risk
Good luck
Disclamer : I bought XUUSD from 1905
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.
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.