XAUUSD
Head and shoulder have formed using 4H chart.
It is time for me to short it and set a stop lose to protect my capital.
Happy Trading.
Trade closed: stop reached:
I was right but I still lose 2% of my account after the announcement of FOMC mid of this week. This is because the price went up and hit my stop loss.
The price came down the next day and on Friday, the price dropped >2%, and I am out of the trade. huhu.... Let's wait for the price to consolidate and plan the trade.
The price came down the next day and on Friday, the price dropped >2%, and I am out of the trade. huhu.... Let's wait for the price to consolidate and plan the trade.