Another simple setup but superb one. We have triple retests around 1330's in XAUUSD, I have initiated long positions based on 3 reasons,
1) Three time price retested this zone 1330 in XAUUSD
2) Hammer with Bullish confirmation close
3) Risk-Reward is good
For this particular trade setup,pls check ur trade plan and check whether it suits you before entering !
Thanks for your support, Happy Trading !
1) Three time price retested this zone 1330 in XAUUSD
2) Hammer with Bullish confirmation close
3) Risk-Reward is good
For this particular trade setup,pls check ur trade plan and check whether it suits you before entering !
Thanks for your support, Happy Trading !
Note
Target 1 achieved... whatever comes after this is complete Bonaza :)
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Related publications
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.