XAUUSD inverted H&S

ok normally I can't trade
but this H&S seem safe entry
and really profitable

pullback is the best moment
to long

Note

wow I don't know what to do.

Better to stay on sidelines

Trade active

longed on this plan picked on tnt

Note

SL to break even

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I noticed there is a lot of times when price hit TP1 and reverse very fast so we don't have time to take it

Maybe for the next time it's better to make a partition when we take position.
(with the same SL on the two but for one with TP already set on TP1 and the second without tp with the purpose of letting it float in order to get more profit)

Like this we can secure automatically profit when price hit TP1 without doing nothing and without staying in front of computer every day and night

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The benefit of applying this is obviously more profit and less loss

Example of situation when price hit tp1 and reverse very fast to the SL so we don't have time to take profit or to put SL to break even. The result is 2% loss even if price hit tp1

Second example of situation when price hit tp1 (and we have partionate the position) then price reverse very fast so we don't have time to SL to break even too. The result is we win 1%

The loss is reduced, we even win in this case

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be prepared to take half , 1:2 soon

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take half it's 1:1.5 i can't wait more

Account balance : 1531 + 18 = 1549$

Trade active

we can readd long based on h&s analysis

Entry point : 1478.913
SL : 1472

for the precedent post is 1539$ on account balance sorry

Trade closed: stop reached

AB : 1490 - 25 = 1465$

jeanneymar011001

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jeanneymar011001