Risk_Reward_Trader
Short

Combining S/R with Elliott waves & Harmonic trading on XAUUSD

FX:XAUUSD   Gold/U.S. Dollar
a year ago
Hello fellow traders,

There is a nice short trade set-up forming on the Gold             market.

Price need to get on the 1100$ area to complete a nice Butterfly pattern .
This area is converging with a good resistance level also.
The Elliott waves analysis show that we could be anticipating a final wave 5 ending on the 1000$ area.

The Risk/Reward on this trade could be 15:1 but it will all depend on the price action within the PRZ area.

Have a good trade.

"Suppose that this trade would be a loser and act accordingly with proper Risk management"
a year ago
Trade active: Sold @ 1100$

SL: 1107$
TP: 1010$

R/R: 12.8
a year ago
Trade closed: stop reached: Stop-loss hit!
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out