Hey, gettin back after long time but with different strategy I trust more
So DXY, when we look into XAUUSD we see bearish trend so thats this idea of DXY upside move one thing goin against is last high is not higher then previous
When is entry valid: Fisrt at all I wanna see some 1H low to be formed, low cant go lower than 102.138. If yes trade is invalid.
Then i want to see break of highs at 102.400 with candle close above this price. 1H candle would be best but we can go even with 30min
If everything go well we enter, SL we can set under 1H low or more risky one, under last 15 min low before break of 102.400 zone.
TP is set at last high 102.743. There i would close 80% of positions and if we break that high then we looking for TP2 at 103.482
I will keep u updated about this trade. Have a great week.
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SL - 102.285 1H SL - 102.332 15m (risky one)
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watching what gold is going to do, for now it failed to make new low so that can mean revers but nothing is sure yet.
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brooo the price is just jumping around same area idk if going to leave trade or hold
Trade closed: stop reached
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I took some partials when price start moving to sideways in green area, now im out cuz i set sl to be. looking into it right now and i will get back with some awesome trade for ya. I promise