XAUUSD [Pending Long]

Long Setup
- Over all market bullish
- Rejection from previous breakout resistance and confirmed support
- Price action slowing down after reject

Setup Entry#1
- Entry: 1481.10
- Stop: 1446.66
- TP1: 1532.12
- TP2: 1659.32

Setup Entry#2
- Require Entry#1 TP1 hit and retrace back to Entry#2 entry price
- Entry: 1526.41
- Stop: 1481.10 (Entry#1 Entry)
- TP1: 1583.66
- TP2: 1659.32

Note

Entry#1 Filled

Note

Entry #1 TP1 Done. Move stop to 1481.10

Looking for second entry setup

Note

Setup Entry#2 invalidated as price go too far already.

Note

Entry#1 2nd trade Stop move to 1532.12

Note

Second trade stop move to 1584.86.

I am looking for a short at the same time. It seems a Head and Shoulder forming.

Note

Second stop move to 1610.70

Note

Still in trade... almost stop profit.

Trade closed: target reached

Second position stop profit at 1610.70

tradingfrog

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