Price action has formed an ascending triangle.
These usually play out either way: meaning they could either be a continuation or a reversal signal. In this particular case, the fundamentals are all pointing towards an increasingly weakening USD so we can count on
XAUUSD prices going up quite substantially.
I have a pending order to avoid any fakeouts from the resistance zone. The zone has been tested 3 times, the 4th is likely to be a breakout to the upside. The bears seem to be losing this battle.
THIS IS A BUY STOP (PENDING) ORDER.
TO AVOID ANY FAKEOUTS AS THIS COULD PLAY OUT IN THE OPPOSITE DIRECTION.
This is my own trade idea and should not be taken as financial advice.
Trade at own risk.
These usually play out either way: meaning they could either be a continuation or a reversal signal. In this particular case, the fundamentals are all pointing towards an increasingly weakening USD so we can count on
XAUUSD prices going up quite substantially.I have a pending order to avoid any fakeouts from the resistance zone. The zone has been tested 3 times, the 4th is likely to be a breakout to the upside. The bears seem to be losing this battle.
THIS IS A BUY STOP (PENDING) ORDER.
TO AVOID ANY FAKEOUTS AS THIS COULD PLAY OUT IN THE OPPOSITE DIRECTION.
This is my own trade idea and should not be taken as financial advice.
Trade at own risk.
交易結束：目標達成
1:3.04 Risk to Reward ratio achieved.Big trade.
A lot of money made with this high reward trade.
Follow to stay up to date with my trades.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。