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Jan 14, 2021 8:58 PM

XAUUSD 4H MACD CROSSOVER TRADING STRATEGY Education

GoldOANDA

Description

Price was in an uptrend.
Price bounce off a previous resistance.
Price created a Bearish Engulfing Reversal Candle.
Entered trade at the close of above candle.
MACD crossover happened at the close of the candle also.
Stop Loss placed above reversal candle.
EXITED trade after consolidation made price go sideways.
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