XAUUSD - Possible Buy Setup On 1H Time Frame
XAUUSD is in the 1-4H range of 2354 support and 2369 resistance.
The Current hourly candle just broke above 2369.82.
If the current hourly candle will close above 2370, we can look for potential buy on the next 1H candle.
Ill wait the next 1H to create bottom wick around 2368 then after he will flip or break current 1H highs (means previous 1H candle highs) ill take the buy.
Trade Idea:
Setup: Range Breakout
Possible Entry Setups: flip, breaking previous candle highs, breaking current candle highs.
I did not submitted orders yet, ill update on the idea page.
The Current hourly candle just broke above 2369.82.
If the current hourly candle will close above 2370, we can look for potential buy on the next 1H candle.
Ill wait the next 1H to create bottom wick around 2368 then after he will flip or break current 1H highs (means previous 1H candle highs) ill take the buy.
Trade Idea:
Setup: Range Breakout
Possible Entry Setups: flip, breaking previous candle highs, breaking current candle highs.
I did not submitted orders yet, ill update on the idea page.
Note
current 1H opens no bottom wick, waiting for a bottom wick for possible entry setup, bottom wick could be around 2368-2371.2368 will provide entry on current 1H flip.
2370-72 will provide breaking previous 1H highs entry.
Trade fermée manuellement
took the 1h breaking previous highs, entry 2372.93Closed full 2375
20Pips Secured
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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.