XAUUSD Long setup

I'm following the long term trend if price breaks the counter trendline and closes above it.
Price formed a weekly doji at the bottom of the trendline, in correspondence of 0.786 fib retracement.

Stay tuned for updates.
Happy trading!

Trade fechado: objetivo atingido:

first target reached. moved sl to be

Comentário:

as you can see, the external trend line is acting as resistance, everything under control ;)

Trade ativo:

I opened a new long positions after the breakout of the external trend line

Comentário:

New target 1274.46

Trade fechado: objetivo atingido:

Second target reached!

Happy trading :)