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Kiend23
Jul 19, 2022 9:00 AM

Gold -0.5% Loss Long

GoldOANDA

Description

Time of entry - 10:30am

Reasons for
- strong bullish close above res
- retest
- waited for close of high bearish momentum candle then got in on next one to be safe as momentum was against me

Lessons learned
- Good judgement of PA by closing at 0.5% as candle was showing intent of going lower by breaking lows of previous 2 wicks

- Real trade was the support just underneath at 1711.60 as PA was much cleaner and had previously had a nice wick spike to it and took off straight away. Sort of tried to catch the bottom there
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