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XAUUSD / H&S Idea

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This looks like a inverse head and shoulder pattern, we could see more upside to 1907 (our target) which was measured from the distance between the shoulders or ' channel ' before the price broke down to form the head.

Two possible entries:

1. 1885
2. 1896

Set your own stoplosses. Use your own risk management. However, I'd like you to kindly note:

You can enter a little later on the top position, making sure it is a clear break before you enter to give you a little more confidence. You don't need to ' RUSH ' into your positions.

Be safe.

I will make a comment later on in this idea

交易進行

註釋

Kindly Note:
Once you are in profit in ANY position, make sure you move your stoploss to entry OR just above it to secure any profit incase of a market redirection.

交易進行

Trade Actions:

Move your Stop Loss 50 to 100 pips in front of entry.
Move your TP to 1899

交易進行

Trade Actions:

Hold position, move your stop if needed.

手動結束交易

Banking Profit. Closing Trades.

Will re-enter when we find an appropriate price.