The-Reaper

XAU/USD (GOLD) Symmetrical triangle - Waiting for BREAKOUT ?

Long
The-Reaper Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAU/USD (GOLD) Symmetrical triangle - Waiting for BREAKOUT ?







REMIND: Please calculate R:R carefully before entering a position. Only risk 1% for every trade. This way helps traders live in the MARKET for good.
THERE IS NO EXCUSE for any one risk over 10% or 20%, they will be slapped in the face by MARKET.
Trade active:
ENTERED LONG POSITION 1719. STOPLOSS 1715 (40 pips)

Trade active:
Profit 40 pips. Close 50% Position and Move Stoploss to ENTRY 1719. No matter what happens, i still havep profit for this trade.
Comment:
I see Candlesticks forming STRONG REJECTION DOWN SIDE, it's going UP
Comment:
Comment:
If Price up to 1730, and retest to 1726. ENTER another LONG POSITION at 1726 and move STOPLOSS to 1724 for all POSITION (PYRAMID TRADING)
Trade active:

Everything is going WELL. BULL COME BACK !!!
Keep an eye on 1730 then retest 1724~26
Trade closed: target reached:
Close all POSITION LONG. Successful Trade

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