XAUUSD 2H Short

Gold/U.S. DollarFXCM

Description

⋅ Feb 6, 2018 4:36 AM

Waiting for a 4 hour close to look for shorts on this pair. Price rejecting its downtrend line / the 50% fibonacci level is acting as resistance as well. Price should continue down to create a lower low..

Comment

⋅ Feb 6, 2018 4:56 AM

Comment

⋅ Feb 6, 2018 8:44 AM

price rejecting nicely so far

Comment

⋅ Feb 6, 2018 3:50 PM

Boom

Trade closed: target reached

⋅ Feb 6, 2018 6:54 PM

closed with 200 pips profit

Comment

⋅ Feb 6, 2018 9:10 PM

1325 hit! : ) next potential target would be 1300

Comments

syamkp

⋅ Feb 6, 2018 8:47 AM

Nice strategy but I think it will go to 1348 before breaking down.

ShivamVerma

⋅ Feb 7, 2018 4:48 AM

nice

Profound_Ambition

⋅ Feb 7, 2018 6:08 PM

@ShivamVerma, thanks : )

JOE_BIDEN_

⋅ Feb 6, 2018 8:46 AM

get ready for blast towards 1354 at least

MicKi

⋅ Feb 6, 2018 4:40 AM

Nice one mate. I had somehow overlooked this one

Profound_Ambition

⋅ Feb 6, 2018 4:41 AM

@MicKi, thanks! & price rejecting a nice resistance level, should continue lower : )

MicKi

⋅ Feb 6, 2018 4:58 AM

@eazywayout, Entered half a position @1343. Will wait for H4 to confirm and enter a full position. Break of daily might add again

Profound_Ambition

⋅ Feb 6, 2018 5:17 AM

@MicKi, good plan!