fxqueen98

gold 26.07.22 h4 wickfill trade

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
this is a very short term trade so please be aware and careful. price created a low which it rejected at 1718.52 and pushed higher creating a high at 1727.58. from there we had price pushing lower which it retested the low at 1718.52 and rejected. although our h1 candle closed bearish, we still have a rejection wick on it and our previous h4 candle close bullish with a wick that can be filled and that is the trade we are targeting. THIS NEXT H1 CANDLE.. IF IT CLOSED BEARISH, THAT WILL INVALIDATE OUR TRADE.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.