Description
⋅ Hi pros !
Price broke the ascending channel mean a possible
trend reversal here.
The possible scenario
is the price will aim
3220 before pullbacking to 3290
and then falling sharply to 3040 or even 2850
There is an insolent R:R ratio on the short
after pullback
could be between 1:20 and 1:50
Comment
⋅ should look like this
Comment
⋅ Trade active
⋅ Trade closed: stop reached
⋅ we will retry tomorrow or this night, don't force it
Comment
⋅ Trade closed: stop reached
⋅ take the rest of profit on gold to compensate (1:2.4) = -70, +86
AB : 3722 + 16 = 3738$
Comment
⋅ take the rest of profit on USDCAD = +24
AB : 3738 + 24 = 3762$
Trade active
⋅ Comment
⋅ Take half on spx profit (1:2.5 reached): +88
AB : 3762 + 88 = 3850$
Comment
⋅ take half of half because we reached support ( 1:6.1 reached) : +107
AB = 2850 + 107 = 2957$
Comment
⋅ 3957$ sorry