XAUUSD Long

16 באוק׳ 2018

We see from the chart price has been moving in a downtrend, recently consolidated for a bit, then broke out and is now trying to find support.

Can we see a LONG run? Let's find out.

What we would need:

• Retest of the trendline
  
• Support being shown
  
• Price Action/Candlestick Patterns
  

Markup:
The yellow vertical line is a visual of where we are trapping price.
The dotted trendline is a visual showing the break of the trend.
The solid trendline is a visual showing price respecting the movement.

16 באוק׳ 2018

הערה

16 באוק׳ 2018

הערה

17 באוק׳ 2018

הערה

The orange line is where I assume resistance will be for the next few candles.
Still moving the direction for our setup.

17 באוק׳ 2018

הערה

17 באוק׳ 2018

הערה

17 באוק׳ 2018

הערה

We should see a push happening here

18 באוק׳ 2018

הערה

20 באוק׳ 2018

הערה

24 באוק׳ 2018

הערה

31 באוק׳ 2018

הערה

If you view the live data above as of this comment - price is looking for support which seems like the breakout is the potential target for a setup - just as it did before!

Wouldn't that be a treat !