XAUUSD - H1 - Prediction Bullish Rectangle Pattern @
Trade:
A trade setup occurs when a price closes outside the trend line after at least two penetrations
on each side of the boundaries. Trades are entered on a follow-up bar at "high above the
breakout bar or "low" below the breakdown bar. Potential Entry Line at @1230.13
Target:
Targets in "Rectangle" formations are based on the depth of the rectangle pattern. The pattern
is reliable, and targets are usually set at 70 to 100% of the depth of rectangle from the trade
entry. at @1236.61
Stop:
Rectangle patterns fail when prices retrace in to the middle of the rectangle channel. Place a
"stop" order just below/above the middle of the channel. at @1226.75
Trade:
A trade setup occurs when a price closes outside the trend line after at least two penetrations
on each side of the boundaries. Trades are entered on a follow-up bar at "high above the
breakout bar or "low" below the breakdown bar. Potential Entry Line at @1230.13
Target:
Targets in "Rectangle" formations are based on the depth of the rectangle pattern. The pattern
is reliable, and targets are usually set at 70 to 100% of the depth of rectangle from the trade
entry. at @1236.61
Stop:
Rectangle patterns fail when prices retrace in to the middle of the rectangle channel. Place a
"stop" order just below/above the middle of the channel. at @1226.75
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.