This is a technical analysis for daily trading on the XAUUSD pair. Only using WAVE we can create Sell Limit and Buy Limit pending orders with R:R 1:1.25.
Sell Limit: 2040.00 SL : 2043.83 TP: 2035.24
Buy Limit : 2032.38 SL : 2028.56 TP: 2037.15
Note: * Close sell limit if the price has reached 2028.56
* Close buy limit if the price has touched 2043.83