XAUUSD CAPITALISE ON FAKEOUT
Updated
Daily pushed lower but before filling the range it came to retest the broken S. Price then pushed higher and closed above the range. However with NY volume coming in, we are taking positions as we break 1h Lows. PENDING ORDER AT 1950.77. Price should be filling the range to retest previous lows. If price were to rebreak current 4H highs the trade is not valid anymore
Trade active
Note
Price pushed 70 pips so im going breakevenTrade closed: stop reached
Price pushed 80 pips but i didnt secure profits. Mistake on my end and now it was a BE trade. VERY Difficult situation but it is what it is.
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