Looking to take a long position at XAUUSD as for Day Trade (Minor structure).
Blue box indicate for buy area and orange box are for sell
Every trade need to validate with ABC structure and clear engulf
confirmation :
ABC m5 - Valid
Engulf - Valid
Buy at level 0.382, SL below immediate low and Take Profit at peak A and 1.275 fibo level
Blue box indicate for buy area and orange box are for sell
Every trade need to validate with ABC structure and clear engulf
confirmation :
ABC m5 - Valid
Engulf - Valid
Buy at level 0.382, SL below immediate low and Take Profit at peak A and 1.275 fibo level
Trade closed manually:
Closed at Peak A. 50pip