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CarterKyleCapital
Oct 18, 2020 11:27 AM

XAUUSD $5,100 BUYING OPPORTUNITY 93% PROBABILITY OF SUCCESS Long

GoldOANDA

Description

10/18 WEEKLY IS IN THE BZ WITH A CTL BREAK BULLISH, WE ARE IN A RETEST PHASE
ON THE DAILY WITH THE MARKET STILL ABOVE THE WEEKLY TREND LINE I WILL BE
LOOKING TO BUY LOW PRICES IN THE BUY ZONE UP TO THE 2HR (1,942) AND
DAILY D (1,965) EXT RESPECTIVELY

PLAN OF ACTION
LOOK TO BUY CTL BREAK BULLISH WITHIN THE
CHANNEL PLACE STOP BELOW THE "A" OF THE
SWING TP AT THE TOP OF THE CHANNEL IF THE
MARKET REJECTS THE OR TRADE UP THE 2HR
D EXT 1,942 AREA POC IS AT 1,948 GET OUT
BEFORE THAT POINT (RETEST AREA) OF BEARISH
BREAKOUT

PROBABILITY OF SUCCESS 93%
BUY LOW OF CHANNEL


POS 93%
ENTRY: 2 HR CHANNEL BUY








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