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AndriyMoraru

Symmetrical Triangle on XAU/USD @ D1

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
AndriyMoraru Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Triangle Symmetrical Triangle breakout patterntrading Gold
4
0
chartpattern triangle symmetricaltriangle breakout patterntrading gold
A symmetrical triangle has formed on XAU/USD @ H4. It offers a bullish breakout trading opportunity. The triangle is marked with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set the stop-loss to the low of the breakout candle (not shown).
Trade active:
Long entry triggered at 7:03 UTC with open at 1231.21, SL=1223.29 and TP=1247.29.
Trade closed: stop reached:
SL triggered today at 8:15 UTC.
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