XAU/USD (GOLD) LOOKING FOR A LONG POSITION - FIBO 0.5
XAU/USD (GOLD) LOOKING FOR A LONG POSITION - FIBO 0.5
In the previous idea, i mentioned H4 Candlestick Pattern shows us a POSSIBLE LONG (BULL RUN) to 1738~1740 (in the comment)
Now we can expect XAU will have a sudden drop to 1718 (at fibo 0.5) for BIG BOYS defend their BUYING ORDERS.
In the previous idea, i mentioned H4 Candlestick Pattern shows us a POSSIBLE LONG (BULL RUN) to 1738~1740 (in the comment)
Now we can expect XAU will have a sudden drop to 1718 (at fibo 0.5) for BIG BOYS defend their BUYING ORDERS.
Comment:
REMIND: I will only enter A LONG POSITION when price have SUDDEN DROP
Comment:
BEARS will try to push the price down again, so pay attentionn to find a good entry !!!
Trade active:
50% SHORT POSITION left. Moved STOPLOSS to 1728
50% SHORT POSITION left. Moved STOPLOSS to 1728
Trade closed: stop reached:
HIT STOPLOSS at 1715 !!!