Trade of the Week: Payper
Date mark up: December 12, 2023
XAUUSD
- Payper Trade
Trade setup: When the market is moving sideways use the box tool to identify the market consolidating. We are waiting for a break and retest for either a SELL or a BUY.
Execute: Clear break and retest from top or bottom of box.
Markups to identify in the market this week are;
- Trend line (4 touches)
- 50% engulfing candle
- small and big consolidation
XAUUSD - Payper Trade
Trade setup: When the market is moving sideways use the box tool to identify the market consolidating. We are waiting for a break and retest for either a SELL or a BUY.
Execute: Clear break and retest from top or bottom of box.
Markups to identify in the market this week are;
- Trend line (4 touches)
- 50% engulfing candle
- small and big consolidation
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