XAUUSD | Price Incarceration

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
773 2
Hi everyone!
In last week, I had begun selling in xauusd when price touch my blue line 2, then price break the my blue line 2 and wanted to touch my green line 2. In that time i added more sell positions. You can use instagram/onursoyvolkan to see my profits.

In my last post, i said i expected an ascending triangle movement until 21/09/2016 which visited my price labels. Now i see that price chose a channel movement between my green lines. I kept my margin level and sold step by step. When it entered to blue channel i closed all positions not to get more risk.

In this week, I expect an incarceration in yellow area which is an ascending triangle format.

My strategy is at below;

  • Between green line 1 and blue line 1 i will buy (1321-1317)
  • I dont think to sell in this week but a sell position may be tried if price touches firstly blue line 2 at 1332-1333 when market open.

This is not an investment advice, all these are analysis based predictions and notes for myself.

Best regards.

Trade active
Comment: I love this game ^^
Trade closed manually: For profits instagram/onursoyvolkan
hi. would love to know your opinion on current trend.
Nice love your set up
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