In the name of Allah, the Most Gracious, the Most Merciful".
XAUUSD we are doing Analysis in Daily Time Frame we have a Perfect Supply & Demand Zone Right now the market is at 1480 level which acts as a Resistance level of previous Support If Market Close with some Reversal or weak shadow then we may see a reversal from 1480 till 1475 if this 1475 level break downside then is ready for 1454. If Market close Above 1480 with Bullish confirmation then be ready for next move till 1492 and then 1514 Resistance level.
Daily Time Frame Analysis: In this Time Frame we have Found a Falling Wedge Pattern Which will work as a Reversal Pattern, As per our expectation we may see up move till 1488 then the Market will go down till 1434.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have. Let say, for example, you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit. We will use 0.20 Total lot size We will divide it in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target. 2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target. 3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target. 4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry. If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target. If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational purposes; this is not investment advice.
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