XAUUSD reaching strong support between 1810-1815.
Potential short, 4HR TF
RSI showing oversold and support zone has been respected numerous times
1HR candlestick shows exhaustion potentially
Stop loss 25 pips.
R:R 1:5 or 1:10
TP 1 - 125 pips
TP 2 - 250 pips
Disclaimer - educational purposes only
Potential short, 4HR TF
RSI showing oversold and support zone has been respected numerous times
1HR candlestick shows exhaustion potentially
Stop loss 25 pips.
R:R 1:5 or 1:10
TP 1 - 125 pips
TP 2 - 250 pips
Disclaimer - educational purposes only