dapperx3

#58 GOLD H1 Trinity Trade

dapperx3 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Welcome everybody! Enjoy and good luck 4 everyone!

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Rules of Trinity Trade:
I buy when the price breaks and hold above the blue line.
I sell when the price breaks and hold below the red line.
Both scenarios should have a true breakout with at least 2-3 closed bars as a confirmation.
In neutral area (between blue and red) when signals are mixed - I give priority for the last signal.

TP1 for more conservative trade.
For TP2 - break and hold of TP1 level is required. SL at break-even.
For TP3 - break and hold of TP2 level is required. SL at TP1 level.
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Comment:
I am willing to open sell position in case the price will close current stick below the BLUE line. SL @1311.00

Guys, just noticed that i've overmixed the sides of lines colours ^). Blue as usually is on the top (resistence) and the red one is on the bottom (support). Over than that: a broken resistance line on the reverse test serves as a support. Same scenarion with the broken support, it serves as a resistence after. ;)

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