GcNaif

Trade Plan for March 29/30 2016

FX:XAUUSD   Gold/U.S. Dollar
894 9 25
This analysis is based on the Clones drawn on 4 hour chart. So far the upper trend line is acting as resistance.

Clone Levels:

Buy: If price breaks and re test upper trendline in blue then my buy entry will be above 1245 for targets 1249-1254-1263 1270

Sell : If candle closes below 1238 then next level 1231-1221-1216-1205

Note: Pls             do your due diligence before placing the trade.
I am a Chart Slave.Thank you TradingView and @nmike.
grandroid828
10 months ago
love these chart. shortt just placed now. had a close at 1237.06
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GcNaif MOD grandroid828
10 months ago
thanks
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Qasimshahzadgt
10 months ago
good chart dear now will come down right
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SunilJi
10 months ago
nice chart... but i think...1230 is 61.8% retracement level.. might be turning point
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RalfDiana
10 months ago
May I ask how You plot the first level cone is it from the previous high and low or which other way? It is clear the second and third one I mean just copy them up or down the first clone or did I get everything wrong? Thanks
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GcNaif MOD RalfDiana
10 months ago
small first one is pivot high low and then rest are the Clones of first one @ralf
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RalfDiana
10 months ago
Mistake!!! Clone I mean...
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RalfDiana
10 months ago
Sorry asking again, which Pivot High/Low do You mean? The hourly one as for this chart or daily one? And the H/L from were from which resistance to which support 1,2,or 3? Thanks for Your Patience
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GcNaif MOD RalfDiana
10 months ago
the small boxes were drawn on hourly , the first box in skyblue 1205-1223 was low n high, that was the reference range for hourly @ralfdiana
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