XAUUSD (GOLD) - D1 - 1579.00#GOLD - Position on the Down Trend
#XAUUSD , Analysis base on Shadows War method and Trend Line
Hello traders,
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The Major trend of GOLD base on my method, is Down Trend on Daily time frame.
So you can get a Short Position on it,
but you should be carful, and wait for a Valid Breakouts on it.
I hope you can get a Good and Profitable positions on this market.
Good LUCK...
Shadowswar
What is VALID BREAKOUT?XAUUSD - H1 - #Analysis base on #BreakingOut the Shadows war.
Hey traders,
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Please wait for a Valid Breakout on H1 timeframe over 1819, and then if you are a LOW RISK trader wait for a Pull Back to get a LONG position on it,
But if you are Risky trader you can enter to LONG position after breakout.
But there are one important question between traders that : "What is the Valid Breakout?".
How can you know that one Breakout is valid or not?
The answer for that is so simple.
If you check the past of the chart, you will found that. If a breakout is not valid, usually after breakout candle, during the next two or three candlesticks, the price returns to its previous range (before breakout area).
So you can Always wait for 2 or 3 candle after breakout, and then enter position. You will see that your stops be so less than before this .
I hope you find this article useful and make so many profit from this market.
If you like it, please LIKE my page for more support.
Good luck...!