XAU Optimal Trade entry

Updated

  • In past two week price is created the Higher High and Higher Low, Showing the behavior of Bullish sentiment.
  • From Wednesday to Friday price created a pennant pattern and break the pattern to buy side.
  • Price hit the order block area, pullback are expected.
  • Current price is consolidating in the previous Asian Range (Friday), the ideal position for entry in long position, as the previous low for the exit point






Trade closed: stop reached
FibonacciPennantTrend Analysis

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