FX:XAUUSD   Gold / U.S. Dollar
There is an inside bar setup in H4 chart after a huge upsurge candle that also showed some false break of resistance zone .

Price broke out above the inside bar . Currently waiting to see if this particular candle will close as a false break. A bearish pin bar will be better.

Sell stop order has been placed below the inside bar setup waiting to be triggered if there is a false break and price reversed to the downside.
How about this be a part of the bull flag from the beginning of the month? Just a normal volatility, i will look for more bearish trend below 1185.
Reply
Casey_Yeo TzvetanPopov
Yes possible. If price continues its way up from here, my order won't be triggered anyway. :)
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