XAUUSD (Gold) - Long
Monthly, Weekly, Daily:
- All three time frames
have tested and rejected the ascending
trend line, which indicates that price can
potentially setup for another
expansion
- Price formed and Inside Bar Break-Up
(Mother Bar + Inside Bar + Breakout Candle = Entry)
4 Hour - I entered a long position because of
the candle setup on the Daily time frame.
Monthly, Weekly, Daily:
- All three time frames
have tested and rejected the ascending
trend line, which indicates that price can
potentially setup for another
expansion
- Price formed and Inside Bar Break-Up
(Mother Bar + Inside Bar + Breakout Candle = Entry)
4 Hour - I entered a long position because of
the candle setup on the Daily time frame.