XAUUSD, 15m chart, buy on retracement of wave-4
Hello my friends,
It's been long since my last post.
I stay away from the market the last 4 days because i got no proper setup to trade. Also there are a lot of fundamentals issue so it was quite dangerous to take a trade.
For today i am gonna trade lightly with XAUSD.
I got bored and try looking at lower timeframe for a trade setup. Incidentally i found an opportunity on XAUUSD.
Price rally yesterday for 250 pips and today we saw a retracement.
I tried counting the wave and i found that we are going to see some upside movement because we are just finished with 3rd wave.
It stop exactly at 161.8% fibonacci retracement.
Buy XAUUSD 1905
Stop loss 1901
Take profit 1913
RR Ratio 1 : 2
Use only 1-2% risk
Good luck
Disclamer : I bought XUUSD from 1905
It's been long since my last post.
I stay away from the market the last 4 days because i got no proper setup to trade. Also there are a lot of fundamentals issue so it was quite dangerous to take a trade.
For today i am gonna trade lightly with XAUSD.
I got bored and try looking at lower timeframe for a trade setup. Incidentally i found an opportunity on XAUUSD.
Price rally yesterday for 250 pips and today we saw a retracement.
I tried counting the wave and i found that we are going to see some upside movement because we are just finished with 3rd wave.
It stop exactly at 161.8% fibonacci retracement.
Buy XAUUSD 1905
Stop loss 1901
Take profit 1913
RR Ratio 1 : 2
Use only 1-2% risk
Good luck
Disclamer : I bought XUUSD from 1905