XAUUSD Triangle breakout H1 Long

Gold/U.S. DollarFXCM

Description

⋅ Jul 9, 2018 4:03 AM

Gold has broken the triangle and the horizontal resistance which is now providing support to have a stop loss under and a good RR opportunity

Trade active

⋅ Jul 9, 2018 6:03 AM

Comment

⋅ Jul 9, 2018 10:29 AM

I'm at 1/1 so I'm taking some profit but leaving the SL ATM

Comment

⋅ Jul 9, 2018 10:45 AM

we could get a pullback now, if so I am going to scale back into the position what I just pulled out
buy limit @1260.67

Trade closed: stop reached

⋅ Jul 11, 2018 3:36 AM

Trend Analysis

Comments

FRXMACHNE

⋅ Jul 9, 2018 4:05 AM

whats the target bro?

BernieKruger

⋅ Jul 9, 2018 5:45 AM

@sdahiya117, I'm not providing signals as I'm no pro yet, but I like the idea of taking some profit early to reduce risk and let the rest go to the next resistance, which for me is when it hits the decending trendline on the daily TF about 300 pips away.

FRXMACHNE

⋅ Jul 9, 2018 6:15 AM

@BernieKruger, hahah fair enough. I am long NZDUSD. Cheers man :) Thanks for sharing your thoughts anyway.

BernieKruger

⋅ Jul 9, 2018 6:24 AM

@sdahiya117, I couldn't find an entry for NZDUSD, where did you enter?

FRXMACHNE

⋅ Jul 9, 2018 6:27 AM

@BernieKruger,

i entered the trade at 68411. Its already 6% up. I am long GOLD too. Its smashing bro. 30% up ...lmao