tst

minor correction.

FX_IDC:XAUUSD   GOLD / US DOLLAR
221 5 21
7 months ago
Im long on the higher time frame but looking at a short trade with minor correction in the channel . Head and shoulder reversal on the 1hour chart.
7 months ago
Comment: HIGHER TIME FRAME VIEW
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7 months ago
Comment: Taking some risk off. Move stop on position 1 to positive.
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7 months ago
Comment: target 1 hit, cover position 2
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7 months ago
Comment: That's it for me taking my money. 2x targets. Will start new post if I take long.
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No7855
7 months ago
People think gold is not bottomed out, even if the bottom, also should also have a second bottom is finished, otherwise everyone on the car, who will lose money?
+1 Reply
tst
7 months ago
Bottom or Top im not sure. From the study of WD GANN 50% level is the strongest support level in any market. With price reversing and breaking out of a wedge at that level im only long bias. You could very well be right , maybe we get a double bottom at the 50% level? Maybe it breaks and we get a lower low. Just trading low time frame here anyways. All the best.
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No7855 tst
7 months ago
This may not seem a wedge, or is not a standard wedge, the wedge is because the decline from the beginning of the track underlined, you give this is the beginning of the next track, this might be seen as a downward path a little better. I wish you a smooth transaction
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JackyW
7 months ago
wow very cool man~!
+1 Reply
Kadhijah
7 months ago
that the girl want.. :)
+1 Reply
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