--> Open position at 1690 support/resistance level - First target 1681 - Second target 1671 (After Triangle break out with 2 candles in 15M timeframe!) - Third target 1651 (After Triangle break out with 2 candles in 15M timeframe!) - !! Stop loss for first target: 1693 - !! Stop loss for other targets: 1707
Comment
⋅
Long term analysis:
Comment
⋅
Comment
⋅
Congrats on your last profits guys... I'm really so happy to hear such a comments from you! Let's keep thing thing up!
Comment
⋅
Here is an update (If it happens that the 1694 resistance is broken):
Comment
⋅
After the triangle pattern breakout from the upside with two high volatile candles from the Uptrend this Idea becomes useless. Instead, you take a buy for the next resistance level.
Please always take into account that you must wait for reversal signal or confirmation (candles config, dodgy signs etc...) before enterring any trade. This idea contains only 95% of the prediction. Take the 5% risk into account.
Trade closed: target reached
⋅
First target reached. (No breakout)
Comment
⋅
UPDATE: We were waiting a short breakout for GOLD to gain some liquidity, but it doesn't, After the long breakout like we said, GOLD had proven so much liquidity to go up for the highest levels (1746 and 1800), this is the update:
UPDATE: We were waiting a short breakout for GOLD to gain some liquidity, but it doesn't, After the long breakout like we said, GOLD had proven so much liquidity to go up for the highest levels (1746 and 1800), this is the update:
osamafurji
⋅
wrong very bad set up
MarjaniFX
⋅
@osamafurji, Read description before leaving negative comments bro thanks
[--> Open position at 1690 support/resistance level- first target 1683]
So , the First target was already reached for scalping. I was talking about 95% probability to break from the down side, not a 100%, And I droped an update for the idea where the perfect entry (what was 1703) where placed .
We can't expect something precise after all, we are here to give ideas the rest is for you to watch confirmation and take this in ur side. You can't enter the SELL trade without a reversal confirmation... here was no reversal.
Second lesson: Once the triangle is broke with two highly volatile big candles in 15M timeframe there is no way to stick in SELL idea, but instead u must thing about buying the market.
Thanks.
osamafurji
⋅
@MarjaniFX, there is a strong support at 1660 to 1680 and you telling people to short the market there? this like non trading zone between 1680 to 1740 . Unless you buy the bottom and sell the high but you do not enter from 1700 or that range. Gold is volatile and probably some people took your short trade and lost money
mr_sly
⋅
@osamafurji you can’t teach people what to do bro whenever u didn’t pay them to do smth, it still an idea that u can take it or u left it. and it seems to me u didn’t read the description and the chart well so don’t rush people like that.