XAUUSD - Buy Stop on Break of Previous High
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Trade Analysis
We have identified a Bullish Flag continuation pattern. We will wait for confirmation of the bullish trend and enter the trade when it breaks the previous HH. The target is the Potential Reversal Zone in relation to the ABCD pattern. Once the target is reached, we can consider shorting the trade.
Trade Plan
Entry: 2484.176
SL: 2460.830
TP: 2507.522
We have identified a Bullish Flag continuation pattern. We will wait for confirmation of the bullish trend and enter the trade when it breaks the previous HH. The target is the Potential Reversal Zone in relation to the ABCD pattern. Once the target is reached, we can consider shorting the trade.
Trade Plan
Entry: 2484.176
SL: 2460.830
TP: 2507.522
Ordre annulé
Bearish divergence has formed, and it has broken the previous higher low. A trend change to bearish is possible.
Clause de non-responsabilité
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