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mayankmanro
Jul 4, 2017 1:11 AM

XAUUSD SHORT TRADE FOR ABOUT 650 PIPS Short

Gold/U.S. DollarFXCM

Description

A short opportunity for a solid profit reward ratio of about 1:5

Confluences of short term supply zone + head and shoulders pattern breakout + 4H TF trendline touch for our solid entry Zone.
Keep your eyes on divergences to make sure for more conservative traders on this opportunity.

Happy Trading month to all.

Comment

I would add a stop loss buffer to this trade to 1256.10 to increase the probabilities of ending this trade in our favour.

Comment

I reentered again at 1258.73 just now for a short with stop loss 1261
Thnx guys
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