XAUUSD Market Outlook 14-18 March 2022
DISCLAIMER:
-This market outlook were made for personal use and self record, any profit or loss based on this market outlook is on your own responsibilities as a trader or investor.
XAUUSD is already formed a wave 4 indicated with a deep corrective movements, however the bullish impulsive wave is still dominating and I'm still looking for another buy opportunities.
The outlook that I've made is based on scenario 1 using the corrective wave (aggressive setup) and in smaller wave I will do a couple averaging to maximize profits.
Summary:
Buy 1975-1980
Take Profit: 2045
Stop Loss: 1958
Risk to Reward Ratio: (approx) 1:3
-This market outlook were made for personal use and self record, any profit or loss based on this market outlook is on your own responsibilities as a trader or investor.
XAUUSD is already formed a wave 4 indicated with a deep corrective movements, however the bullish impulsive wave is still dominating and I'm still looking for another buy opportunities.
The outlook that I've made is based on scenario 1 using the corrective wave (aggressive setup) and in smaller wave I will do a couple averaging to maximize profits.
Summary:
Buy 1975-1980
Take Profit: 2045
Stop Loss: 1958
Risk to Reward Ratio: (approx) 1:3
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.