EIGHTCAP:XAUUSD   זהב / דולר אמריקאי
XAUUSD M30 Buy and Sell plan

1. D1, H4 : Bearish in control
1.1 Price made new lower low at Fibo 127.8 at 1853 (This swing has not completed at 161.8 yet)
1.2 Now price is probably rebounding and struggling at Fibo retracement 38.2 at 1909 and strong rejection at this area

2. H1, M30 : Price has made CHoCH in this minor trend but Price strongly rejected at 1909 (SSR D1) and BOS minor uptrend, QML pattern has created at this level 1903-1909
2.1 No new lower low!!, price's trying to bounce back to previous high 1909 by create liquidity
2.1 CPLQ possible aggressive buy now at 1883, SL 1789 (-4$) and TP 1900 psychological SSR , RRR: 1:3.8
2.2 Sell Setup 1) Sell at 1900, SL 1905(-5$), TP 1880, RRR: 1:4
2) Sell at 1905, SL 1910(-5$), TP 1880, RRR: 1:8

3. Always 1% risk and wait for confirmation (PA)

4. Out of this condition is "DO NOT ENTRY", await for new price/chart forming

*****Risk is My daily bread****
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