XAUUSD
Market in up channel
hit resistance, expected to move to support
daily fib target at 2053
Trade idea:
market broke horizontal support on 1Hour timeframe, wait on retest
after wick rejection enter bullish
second bullish entry , wait for market to pullback on trendline support
wait for structure
after rejection enter bullish
stop loss below structure
take profit 3x risk
hit resistance, expected to move to support
daily fib target at 2053
Trade idea:
market broke horizontal support on 1Hour timeframe, wait on retest
after wick rejection enter bullish
second bullish entry , wait for market to pullback on trendline support
wait for structure
after rejection enter bullish
stop loss below structure
take profit 3x risk
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