If DXY finds support at current price, will be expecting XAUUSD to respect the trendline and stay within channel.
SL above HTF trendline ( Green Dash Line ) and TP at upper LTF trendline.
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Will be looking to add position if price touches green dash line.
SL above HTF trendline ( Green Dash Line ) and TP at upper LTF trendline.
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Will be looking to add position if price touches green dash line.
Trade closed: target reached:
After it went 50pips into profit, had a trailing stop of 20pips setup and got stopped out at 1932.5
Will be looking out for pivot zones in anticipation of tomorrow's CPI print.
Will be looking out for pivot zones in anticipation of tomorrow's CPI print.