justanotherswingtrader

XAUUSD Possible New uptrend on Daily Chart

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
1. Momentum towards upside and creating a new uptrend on the Daily timeframe
2. Meet my trading rules/setup for Long. But Weekly Chart is still in a downtrend

Blue Arrows indicate my expectation for the movement of the price action.

Lets hope it works out. if not its just another trade.

Cheers.
Comment:
Pending Order was triggered yesterday. Reset my Profit Target at the Weekly Structure for 3R.
Comment:
price is just a little away from my SL. #justanothertrade

this is why, we need to ensure that, we lose small but win big in order to tilt the odds in our favour.
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