ExperTrader21

Take profit at ema50

Long
ExperTrader21 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
twice our setup failed and got SL.. but, don't despair. We will continue to use the same setup because we are confident with our setup. When the price has run away very far from the ema50, the price will eventually touch the ema50 again. This is bound to happen.. DEFINITELY.. We buy and take profit as soon as the price touches ema50 H1.
Comment:
I want to see how far the price will go down and run away from ema50 H1, before going up to touch ema50 H1
Comment:
Nice... ema just touched ema50 M30, but our target is ema50 H1, so, just hold my buy
Comment:
So, what happen to the price? Can't go far from ema50 anymore??? Just go up and touch ema50 H1... price can't run away from ema50 forever
Trade closed: stop reached:
Third setup failed
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.