XAUUSD TRADE IDEA JAN/05/2020 @ 10:41 PM

DISCLAIMER: Trade at your own risk. Past performance does not guarantee future results.

Keys to note:
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1. Bullish ascending triangle is observed to be forming

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  2. Divergence on MACD Histogram NPN has formed but MACD had not crossed yet.
  3. Candles are currently on a price reversal area
  4. Candle need to break through and close either side of the major price reversal and a confirmation candle for sell or buy trade to be taken