XAUUSD BUYS
Updated
Price closed bullish yesterday (therefore i am bullish for the day) whilst printing beautiful bullish price action on lower TF. I think that because price managed to close above R we will see some nice volume coming into london session pushing up to our target. There is nice clean candles on the left so it should be a clean move if the low is not broken before breaking the high (as per usual). This is a high probability setup for a continuation to the upside
Note
Price pushed up +40 pips, there isn't a bottom wick on the hourly candle. 10pm is the new 4H candle and it should create a bottom wick. Therefore i am gonna keep my stops open and not shift it to BE just yet because i personally think the 4H will make a pretty steep bottom wick before price can drive upNote
The 30min candle made the hourly bottom wick and the new 4H candle at 10pm (MYT) also made a really long wick as we anticipated. Trade is still valid if the 1H can close above 1828.Note
1H closure on gold at 1829. trade still valid to hold.Note
Moving stops to break even after +50 pips up and making this a risk free trade.Trade closed manually
Price was struggling to push higher as there was some traffic on the 1H/4H TF. There was alot of emotions during this trade that i deffo need to work on. But overall it was a good trade. Look a +1.5% on this one :)
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