Joseph_Yabwa
Long

DAY TRADING! CONTRACTION & EXPANSION! BUY XAUUSD

FX:XAUUSD   Gold Spot / U.S. Dollar
Contraction and expansion strategy. Gold came out of contraction and made a sharp move down and now the market is in the expansion phase and there's a nice buy set up currently so I'm looking for the market to break upside and go all the way to the previous structure high!
Comment: Stop loss has been hit but the trade is still valid for a bat pattern

Comments

is the idea still valid?
+1 Reply
@MfekaLC, Yeah check the update
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HammadZafar Joseph_Yabwa
@Joseph_Yabwa, will the market still go uptrend?
Reply
Joseph_Yabwa HammadZafar
@HammadZafar, Yes it will
Reply
HammadZafar Joseph_Yabwa
@Joseph_Yabwa, how much?
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HammadZafar Joseph_Yabwa
@Joseph_Yabwa, How much it will in your opinion?
Reply
Thank you for sharing, but I still don’t know how to trade
+1 Reply
Joseph_Yabwa LeiChen5816
@LeiChen5816, oh really? But you can learn if you want to, you need to be able to dedicate a lot of your time
Reply
thank you! <3
+1 Reply
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