XAUUSD - Trend Continuation Trade
Gold has put a new structure low on a daily chart.
Price might keep moving downward until it reaches next level of structure at 1178 (1414 Fib extension).
Pontetial ABCD pattern identified.
Stops placed just above previous outside return.
Nice risk to reward ratio.
If you are more conservative, you should wait for a retest of structure level at most recent outside return before entering this trade. Much better RR ratio though.
Price might keep moving downward until it reaches next level of structure at 1178 (1414 Fib extension).
Pontetial ABCD pattern identified.
Stops placed just above previous outside return.
Nice risk to reward ratio.
If you are more conservative, you should wait for a retest of structure level at most recent outside return before entering this trade. Much better RR ratio though.
Trade fermée: cible de profit atteinte
It took quite a while but it reached target.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.