XAUUSD Gold Triple Bottom and Long Setup
XAUUSD Gold completed the triple bottom on the H1 chart. Triangle has been broken. We add long here. Our latest long setup :
Time Frame: H1
Trade Period: Intraday / Midterm
Estimated completion time: 2- 8 H1 CANDLESTICK
The trend in the Timeframe: Bullish
The trend in the Daily Chart: Bullish
Trade Based On Triple Bottom
The accuracy of the pattern: 93 %
Recommended Lot Size: 0.10 at 10K
Area of the Entry: 1318
Stop Loss: Below 1.310
Target 1: 1321 / Reached and Closed 40% of the positions.
Target 2: 1326 / Reached
Target 3: 1328
Summary of the trade:
Update: TP1 Reached.
Update: TP2 Reached
A bearish shark pattern would be completed at 1327.80 -1.330. Stop Loss above 1330. Targets 1322 and 1319. Scalping / Intraday
TRADING ROOM! TRADE WITH US!
DON’T MISS OUT!! LIMITED TIME OFFER
BASIC PACKAGE MEMBERSHIP 6 MONTHS for $ 219
VERIFIED ACCOUNT AND SETUP RESULTS
Subscribe to our premium packages if you would like to get 1000+ instruments analysis and trade signals of Chartreadreadepro.
You can contact us via Skype User Name: Chartreaderpro
DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money
XAUUSD Gold: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility