Gold had dropped +500 points and now formed a double bottom and rejection. On the second leg we see Doji form with price breaking slightly below the Doji causing most to sell however the next candle then closes above Doji which indicates a fake out and the real move is a bullish with a probability for this to push up.
Upon seeing the bullish pin bar close I entered @ 1941.00 with sl @ 1938.00 risking 30pips. Aiming for atleast 1:2 or 1:3 . R:R.
Anticipate price to reach 1950.00.
Upon seeing the bullish pin bar close I entered @ 1941.00 with sl @ 1938.00 risking 30pips. Aiming for atleast 1:2 or 1:3 . R:R.
Anticipate price to reach 1950.00.