XAUUSD - POTENTIAL LONG ENTRY
XAUUSD OUTLOOK
Price is in an uptrend movement which leaves a potential buy zone once price retraces to the order block.
Impulse long entries can be taken ONLY once price rejects that region.
There are multiple confirmations which are the Trendline, the RBS zone in the H4 timeframe, the SnD in the M30 timeframe.
We had our buy limits set up with upside potential in the R:R ratio of 1:5.
Price is in an uptrend movement which leaves a potential buy zone once price retraces to the order block.
Impulse long entries can be taken ONLY once price rejects that region.
There are multiple confirmations which are the Trendline, the RBS zone in the H4 timeframe, the SnD in the M30 timeframe.
We had our buy limits set up with upside potential in the R:R ratio of 1:5.
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