We got short opportunity here on the GOLD. We could go aggressively short the market or could wait for a BO of the lower TL (red line). We do also have completed a potential bearish Gartley Pattern here on the Daily. As per target would be pattern targets of the Gartley.
TP 1: 1227
TP2: 1187.12
Stops could be place distinguish just above the previous high here on the daily. You could also use ATR base SL once market breakout of the lower trendline. (SL = ATR in pips * 2)
TP 1: 1227
TP2: 1187.12
Stops could be place distinguish just above the previous high here on the daily. You could also use ATR base SL once market breakout of the lower trendline. (SL = ATR in pips * 2)
Comment:
BO already. expecting to hit TP 1.
Trade closed: target reached:
TP 1 hit if you have taken the setup!
