Looks like a HANGING MAN is forming.
Price is very overextended.
GOLD looks like it also wants to reverse.
ONLY enter at the pre-set location with a breakout trade.
DO NOT try and enter directly.
Keep in mind, these are purely my opinions and not financial advice.
Looking for a 0.382 retest of this push up.
Price is very overextended.
GOLD looks like it also wants to reverse.
ONLY enter at the pre-set location with a breakout trade.
DO NOT try and enter directly.
Keep in mind, these are purely my opinions and not financial advice.
Looking for a 0.382 retest of this push up.
Comment:
Small correction. Entry point is the same, but the actual price is 103.622
Comment:
Also, now that R2 has been wicked, re-adjust SL to above the wick ONLY IF THE POSITION IS TRIGGERED
Trade active:
Trade is active. Again, make sure the SL is now above this current wick.
Order cancelled:
Closing here as there is not enough volume. Small gain
Comment:
Quick note: I had a question from someone as to why I didn't consider holding my position overnight. While the target WAS HIT, I DO NOT hold positions while I am asleep, especially not in summer and especially not when market conditions are so volatile.