XAUUSD Trade Breakdown (17th April 2024)

XAUUSD Trade breakdown

On the 15 minute timeframe, price broke above the 15 minute bearish Orderblock that created the low during asian session.

Once we confirmed it with a body candle close, i expected price action to retrace to our 5 minute orderblock to retest and reject off it.

This was when i enter for risky buys to target higher prices.

Price ran a grand total of 98 pips for us and we smashed FULL TP.