justin217
Short

Broke and retested H4 TL

FX:XAUUSD   Gold Spot / U.S. Dollar
87 0 2
Opened up a sell position. Broke and is holding H4 TL. TP target is 38.2 fib.
Trade active: Opened up a sell position. Broke and is holding H4 TL. TP target is 38.2 fib.
Trade active: Pulled back to perform a seller stop hunt, took the opportunity to enter at an even better price! I have a second sell in at 1341.25. Still targeting initial 38.2 fib. This is going to sell off this week. Divergence is showing now on the H4 chart. Price also hitting a solid supply zone that's strong, and near the D1 upper descending channel. 3+ confluences as this price area for a good sell off this week! Holding some DD from initial entry, prolly got in a little early on that one.
Trade active: In good profits now. I am protecting profits with SL. I am watching the 61.9 area for reversal on this sell. If it blows thru I am targeting the 78.6 fib whereas there is a S1 PP in that area as well. Today is a lot of USD news so I will be watching carefully. :)
Trade closed: target reached: 61.8 fib, closed both sells. Good Profits!
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