(this is not a trading advice so please trade on your own risk)
after an analyse using an advanced fib level i have 2 potential entry zones, and a trend line which gives me more confidence. we had an resistance at 2302.5 and i expect xauusd to return and test the zone which is round 200pips from current price.
after an analyse using an advanced fib level i have 2 potential entry zones, and a trend line which gives me more confidence. we had an resistance at 2302.5 and i expect xauusd to return and test the zone which is round 200pips from current price.
Trade closed manually
trade closed at 2309.06 from 2328.18 entry point with 190 pips profitNote
i se the price going on my second fibo zone at 2322 and hopefully a rejection so we can sell from there.( this is not a trading advice )
Note
on the second fibo zone we didn't had a confirmation so no entry
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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.