TradingView
costalui
Apr 28, 2020 2:13 PM

XAU-USD Long

GOLD / U.S. DOLLARICE

Description

Weekly Structure - Uptrend

Daily Structure - Uptrend

4H
He have seen price creating a inverted Head & Shoulder pattern, together with the 3rd touch on the ascending wedge on the daily timeframe. Price has now re-tested 1.692 level with a possible double bottom and could move higher until the weekly resistance at 1.800.

TP1 - 1.738,00
TP2 - 1.800,00
SL - 1.672,40

R/R - 1.665,42

Good Luck!!!

Comment

You can move now Stop Loss to entry :) Free risk trade

Comment

Stop Hitted at break event.
More