XAUUSD long based on technical 1H - 1D analysis. Entry on lower time frame ( 1m - 15m ).
Chart pattern "whale-tail".
BUY 1972
SL at 1969
TGT at 1979
Chart pattern "whale-tail".
BUY 1972
SL at 1969
TGT at 1979
Note
XAUUSD long based on technical 1H - 1D analysis. Entry on lower time frame (1m - 15m).BUY at 1972
SL at 1969
TGT at 1979
Chart pattern "whale-tail".
Discription:
1 On a higher timeframe (1H - 1W, or higher), you need to find a bar (whale).
2 Main properties: a) High-Low should be more than ATR,
b) The body should be smoler than a tail.
3 If the tail is facing up, then that is a long play; otherwise, it's a short play.
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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.