The XAUUSD is one of the most traded pair in the forex market.
In a 4hr time-scale, candles formed an impulse at 1300.654 and turned the trend to down. (shown in the graph)
After the impulse, the signal tends a solid descending channel correction (shown in the graph)
At 1254.154, the chart printed a potential impulse and broke the channel trend. (shown in the graph)
Currently, the market printing candles at 1257.752.
From this price action, there is a chance for two probabilities.
The signal may print an impulse for a direct projection to the top. (shown in the graph)
Or else it will form a small correction and an impulse to top. (shown in the graph)
In case the signal keep moving as a correction to the down means, end the trade at 1246.567
EYES ON CHART AND DECIDE YOUR TRADE.
SIGNAL SPECIFICATION:
Pair: XAUUSD
Order: BUY
Entry: 1257.752
Take profit:1277.875
Stop loss: 1246.567
Risk Vs Reward: 1.8
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best Forextamil ----------------------------------------------------------------------------------------
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