XAUUSD
Description:
Based on the above analysis, gold is looking bullish on the daily chart. So I'll be looking for long positions.
Trade Open Strategy:
By daily chart analysis we come to the idea of going long for the next week ahead, So we will be waiting for candlestick signal on 15m chart or 1h chart.
Some of the candlestick signals to look for (in 15m or 1h Chart):
Single:
Hammer or Inverted Hammer
Double:
Bullish Engulfing
Bullish Inside Bar
Tweezer Bottoms
Triple:
Morning Star
Three White Soldiers
Three Inside Up
Message Of the Day:
Chart Analysis to filter direction + Candlestick Signal to spot entry point = Power