# XAUUSD Breakout Trading Plan
## Entry Strategy
- Initial entry: On confirmed trendline breakout (candle close beyond line)
- Position addition: Pending order at around 3319.26 in case the price pullback
- Price above moving averages
## Position Sizing
- Initial position: 0.5-1% account risk
- Add-on position: 0.5% account risk
## Risk Management
- Stop loss: Below recent swing low
- Total risk cap: 1.5% of capital
- Cancel add-on if price falls below breakout level
## Profit Targets
- TP1: 1:1.5 risk-reward ratio
- TP2: 1:2 risk-reward ratio
- Consider partial profit-taking at TP1
## Entry Strategy
- Initial entry: On confirmed trendline breakout (candle close beyond line)
- Position addition: Pending order at around 3319.26 in case the price pullback
- Price above moving averages
## Position Sizing
- Initial position: 0.5-1% account risk
- Add-on position: 0.5% account risk
## Risk Management
- Stop loss: Below recent swing low
- Total risk cap: 1.5% of capital
- Cancel add-on if price falls below breakout level
## Profit Targets
- TP1: 1:1.5 risk-reward ratio
- TP2: 1:2 risk-reward ratio
- Consider partial profit-taking at TP1
Trade closed manually
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.