XAUUSD in Symmetrical Triangle | 6 May 2020

6 may 2020

XAUUSD is in a symmetrical triangle. In stead of playing a breakout in either direction, we decided to play a possible reversal in the triangle as there's no signals for breakout in any time soon. 78.6% and 88% Fibonacci retracement are important triangle retracement levels that we used to identify the levels.

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Until next time, see ya!

8 may 2020

Operación activa

we are in the trade, price is now testing the upper band of the triangle. If price breaks out of the triangle, we will invalidate the idea!

11 may 2020

Nota