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XAUUSD BUY

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Trend Analysis Chart Patterns Technical Indicators
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Its been awhile.
Here is just my perspective. Not a Financial advice.

BUY ENTRY between 1861 to 1865

Confluence 1: D1 bullish pin bar candle stick
Confluence 2: Divergence on H4 timeframe
Confluence 3: Not yet fully confirmed

a short buy
First TP: 1885 to 1889
Second TP: 1910 to 1916

SL: 1842
Komen:
So, why dud this fail? the major reason i believe for its failure is because the divergence was not at a support area which was important to serve as third confluence. Lesson learnt
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