TG1: retest of B point of gartley
TG2: gartley completion
TG3: runaway target at 1375 area
Im now looking to take TG2 profits at the gartley completion point and tog oshort there as well whiling im hoping for more upside for my TG3
since i see Gold overall more bullish im only taking a small 1:1 trade for gold, hoping to book some easy profits b4 the market goes higher
im looking for a further addon if we can break the current consolidation without spiking up too much
addon 1 stop to the last swing high - 1242ish. addon 2 stop to breakeven.
tg2 for both addons is the 618 of the CD move so 1224.
stop of tg3 of the initial longbreakout is still at the starting point at 1220, below the consolidation from the first chart. lets hope we stay above there and continue higher after hittin the 618
TG3 long is also still active due to good stopplacement and is now set to +breakeven at 1230 below structure. i wanna see the market up from here, if its goin down further ill be out for the moment anyway.
target setup. All TG3s on for long addons merge with the TG3 of the original breakout, so 1375
TG1 Retest of D(gartley) TG2 Retest of X(gartley)
the last posted addon setup is still intact so far.
if this doesnt happen, then the market will likly break down from here. from there on i will be lookin to sell probably, if the chart looks promising
if i get filled long i will be takin profits pretty early(doubletoparea) and bring my stops to breakeven. since the market can very well also break down from here. if we take down the highs tho, i will be looking for further longs
i will also set up short orders below my stop(so below the flag) if im gettin filled long.
stop and short orders at 1234
i just dont see any reason to be short currently. i might rethink about it if we go lower, but for me the question always is while being in a trade "would you want to enter a trade in the direction of your position at this point currently" and if the answer is no, then why am i in the trade. thats why i closed it
for me the current picture is as following. but again. im more on the long side. im probably not trading this short, maybe long, but today seems alot choppier marketstate, so i might not trade at all. so far around full position down today, which i guess is fine, for the attempts i took.
and also in the picture the lower callout should ofc be "below this line"
why cant i edit those things :(
i still wanted to take the trade in anticipation of maybe finally some marketdesicion but didnt happen.
over around full positions in 4 trades today for gold. so i guess i can still be happy with the result and that i didnt lose more.