XAUUSD in Symmetrical Triangle | 6 May 2020

2020年5月6日

XAUUSD is in a symmetrical triangle. In stead of playing a breakout in either direction, we decided to play a possible reversal in the triangle as there's no signals for breakout in any time soon. 78.6% and 88% Fibonacci retracement are important triangle retracement levels that we used to identify the levels.

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2020年5月6日

註釋

2020年5月8日

交易進行

we are in the trade, price is now testing the upper band of the triangle. If price breaks out of the triangle, we will invalidate the idea!

2020年5月11日

註釋

This is the updated idea!