sachin555

H1 Long for short period and then let's wait for chart pattern

Long
sachin555 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
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previous 2 analysis worked, follow arrow but this one is only for risk takers, i have opened a lot with small money, Risk management matters in this trade.
Comment:
be patience after this one, let the pattern form and then make higher reward. this is quite risky one so put SL tight around 1500
Comment:
risk : reward 1:1.2
if it crosses 50% Fibonacci than move sl to break even and risk : reward 0:2.2
Comment:
I will close my 50% trade at Fibonacci 38.2 retracement

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