as i think we have a clear breakout candle on 1h and 30m timeframe that its bigger than the other candles so we can trust on it and get in a long position on gold . my target for long position is around 2500$. OANDA:XAUUSD
xauusd is ranging by forming a traingle pattern. on the daily timeframe it is an inside bar formation.the price might continue to range becouse we had a massive sell-off before so now we are waiting for A downtrend deal and my target is about 2355-2365
we gonna go for sell bcuz gold is making downtrend setup from our view
we can see the double bottom pattern clearly and pulback to the neckline is done so thats why im buying without SL in longtime timeframe whats your opinion about DXY ??? let me know in comments
after this strong wave i think we can hve ABC correction wave to first support in daily timeframe which is 1800 zone.
take it simpleand easy! i placed a sell limit at 155.970 tp:153.000 (297 pipsssss) sl:156.100 (13 pips!)
we are at the end of channel and pullback was noit strong so im taking sell for the end of chnnel
so i got entry at 1.36200 SL : 1.35900 about 30 pips and tp: shortterm:1.37000 80 pipsss longterm :1.39000 280 pipssssssssssssssssssssssss do you like my idea or wht ? FX:GBPUSD
you can see the information of trde in the photo just take it easy and simple dude. thats the KEY that everyone loooking for it!!
you can check the information of trade in the photo. my target coming soooooon!!
we hav to reason for confirm 1834 such a trustworthy target/first we hade a double bottom that the target of double bottom is 1834.second i found triangle pattern in 4h timeframe that the target of triangle was 1834 s well so lets be ready for take our profit!!
i think we cn hve big fall on GBPUSD and my trget is about 1.36000 dont foreget that we are on the top of daily channel.