XAUUSD 23/10/2021 Tradeplan
Hello, I am Agape
a daily and weekly swing trader
Let's see what is happening on gold
In daily timeframe, you can see that price printed a nice bullish structure higher low and higher high.
So i look closer into the smaller timeframe which is intraday timeframe (H4 and below) that there is broken resistance now turns into support, it indicates that there will be trend continuation
SL at previous swing low H4 structure
TP at weekly resistance
Manage your lot size
Place your trade at your own risk
a daily and weekly swing trader
Let's see what is happening on gold
In daily timeframe, you can see that price printed a nice bullish structure higher low and higher high.
So i look closer into the smaller timeframe which is intraday timeframe (H4 and below) that there is broken resistance now turns into support, it indicates that there will be trend continuation
SL at previous swing low H4 structure
TP at weekly resistance
Manage your lot size
Place your trade at your own risk
Trade closed manually
I partially closed some of my position on profit because i see DXY on intraday timeframe (H4 below) breaks above consolidastion structure.I will patiently wait how the price react
Trade closed: stop reached
SL hit but still profit on this tradeI will consider to find sell setup on gold
Case closed.
Happy profit
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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.