XAUUSD-2h : Trading Rectangle Pattern

٢٤ يناير ٢٠١٩

XAUUSD-2h : Trading Rectangle Pattern

Good morning Traders!
My idea example above illustrates a "Rectangle" pattern from the XAUUSD 2 hours chart. XAUUSD traded in a tight rectangle channel with highs and lows bound by two parallel trend lines. The prior direction before the "Rectangle" formation was upside. A "long" trade is entered above the blue line.

We thank all Traders who shared our hard work with a simple "Like".
We wish you the best!