Continuation Trade Setup in XAUUSD H4

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XAUUSD
EMA 50/200 Trading Setup

Long Setup

1. 50 EMA above 200 EMA

2. Close and entire bar below 50 EMA

3. Wait for Bullish Signal below EMA 50 and near EMA 200

4. Trade long after signal confirmation



Short Setup

1.50 EMA below 200 EMA

2.Close and entire bar above 50 EMA

3.Wait for Bearish Signal above EMA 50 and near EMA 200

4.Trade short after signal confirmation

Risk and Reward at least (1:2) to (1:3)

United FX Trading Class