XAUUSD Long 1H
Reasons for entry:
1. News:
There is expected to be an increase in money supply to help offset coronavirus in the US, this creates a weaker Dollar.
2. Technical:
Fib retracement using most recent significant Swing High's and Low's (Fractals) shows price stalling around the .382 fib level.
Also previous strong support level lines up between 0.382 and 0.5 level adding extra support to the retracement.
Finally, Stochastic reached oversold level indicating to buy.
1. News:
There is expected to be an increase in money supply to help offset coronavirus in the US, this creates a weaker Dollar.
2. Technical:
Fib retracement using most recent significant Swing High's and Low's (Fractals) shows price stalling around the .382 fib level.
Also previous strong support level lines up between 0.382 and 0.5 level adding extra support to the retracement.
Finally, Stochastic reached oversold level indicating to buy.
코멘트
Optimisim from vaccine might potentially cause the trend to pull back, if the PA closes below the 4H support level will exit the trade and potentially short.코멘트
거래청산: 스탑 닿음
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.