PIPPINTRADER

XAUUSD SHORT/SELL

Short
PIPPINTRADER Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello

Looking at selling/shorting Xauusd because it's currently forming a running flat/expanding flat.

There's an order block that's not filled/mitigated which will also form the c wave of the expanding flat as structure is incomplete without the C WAVE. Currently forming an engulfing candle

Entry: 2428
Stop loss: 2441
Take Profit: 2399 (Break of B wave)
Trade active:
Hello

Move Stop loss to break even and let it move worry free
Trade closed: target reached:
Done and dusted. Take Profit 2399 HIT

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.