Based off daily charts.
Confirmations - previous day heavy bearish + no bottom wick on daily candle + has not grabbed enough liquidity to drive up.
Looking to short gold.
Wick entry.
Every time we rejected , we needed to tap minimum 2156.
SL above previous 4hr high low.
Partials along the way.
Trade is invalid if level is not tapped before the daily candle flips.
Confirmations - previous day heavy bearish + no bottom wick on daily candle + has not grabbed enough liquidity to drive up.
Looking to short gold.
Wick entry.
Every time we rejected , we needed to tap minimum 2156.
SL above previous 4hr high low.
Partials along the way.
Trade is invalid if level is not tapped before the daily candle flips.
Trade active:
Got in early at 2169.696 due to bullish pressure slowing down
Trade active:
SL TO BE on daily flip as it is struggling
Trade closed manually:
Closed 50% partials at 2164.71. Letting the rest rock to TP or SL
Trade closed: stop reached:
Stopped at BE. Secured 3% for the day
Comment:
Looking to see if trade will play out