Wonderfull RISK FREE sell can be opened right at Sub Transition.
Why it is risk free? Well you know my trading, if transition is broken upwards, it will come back to test it, so if our sell goes wrong, we can close it later at BE ( 0 loss )
Sell setup is a lot stronger than buy setup!
Bulls need to break that 1269 sub transition to get back up!
We have a great setup where - Heading towards daily ( level from market trend pointer ) is right at Sub transition!
Creating nice blocking setup to go short!
Although MHI ( market heading indicator ) is 1$ lower at 1268, and it may be that gold goes down from that level as it aligns with main transition, but I will be patient and wait for 69 to enter, and I hope I wont regret it.
P.S - This trade will be TP open with SL on BE as it goes down ( if goes )