Bullish 2.00 Extension appearing on a 15m chart of XAUUSD
The chart reveals a potential emerging trading opportunity.
Will be trying to buy this market with a limit order at the 0.236 level after testing the 0.618 level plotted on chart.
Stops will be at prior lows with profit target sitting at prior highs. Will be moving stops to break even after a 2nd attempt at the 0.618 level. Additional profit targets sitting at 1.272 and 1.618 AB extension.
Good luck to everyone trading gold!
The chart reveals a potential emerging trading opportunity.
Will be trying to buy this market with a limit order at the 0.236 level after testing the 0.618 level plotted on chart.
Stops will be at prior lows with profit target sitting at prior highs. Will be moving stops to break even after a 2nd attempt at the 0.618 level. Additional profit targets sitting at 1.272 and 1.618 AB extension.
Good luck to everyone trading gold!
Comment:
Update:
Trade active:
buy limit pending!