Note
-XAUUSD showing intraday price rejection (long daily wick) by forming a reversal candle (Pinbar/Spinning top/Indecision) AT SUPPORT
-XAUUSD retesting a previous symmetrical triangle breakout
-Stochastic oversold at support
Entry
-Above high of reversal daily candle
Stop
-Below low of reversal daily candle
Target
-2 times stop
Risk Management
-Risk 1% to 2%
-Ratio: 2:1
-XAUUSD showing intraday price rejection (long daily wick) by forming a reversal candle (Pinbar/Spinning top/Indecision) AT SUPPORT
-XAUUSD retesting a previous symmetrical triangle breakout
-Stochastic oversold at support
Entry
-Above high of reversal daily candle
Stop
-Below low of reversal daily candle
Target
-2 times stop
Risk Management
-Risk 1% to 2%
-Ratio: 2:1