Trade of The Week | Classic Trend Line Breakout Trade ๐ฅ๐ฅ๐ฅ
Hey traders,
This week we caught a great long trade on Gold.
As you remember we were patiently monitoring the reaction of the price to a major falling trend line on a daily.
Being broken to the upside, we were looking for buying opportunities on its retest.
Our confirmation was a breakout of a neckline of an ascending triangle formation on hourly time frame.
The price reached 1900 level bringing us a nice profit!
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