This is a technical analysis for daily trading on the XAUUSD pair. Only using WAVE we can create Sell Limit and Buy Limit pending orders with R:R 1:1.25.
Sell Limit: 2040.00
SL : 2043.83
TP: 2035.24
Buy Limit : 2032.38
SL : 2028.56
TP: 2037.15
Note:
* Close sell limit if the price has reached 2028.56
* Close buy limit if the price has touched 2043.83
Sell Limit: 2040.00
SL : 2043.83
TP: 2035.24
Buy Limit : 2032.38
SL : 2028.56
TP: 2037.15
Note:
* Close sell limit if the price has reached 2028.56
* Close buy limit if the price has touched 2043.83