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Yuriy_Bishko
Oct 1, 2019 3:15 PM

GOLD, Sell near mirror level $1484 

GoldOANDA

Description

Price made false break out of mirror level $1484

I opened sell at $1483.50
S/L: $1488.65
T/P: I will do an update soon.

Please, use proper risk management. never risk more than 2% of my capital per position because the market can change.

Comment

Friends I sent a signal because I promise to do it.
Reasons why I open entry:

1. Mirror level $1484
2. Price made a false break out of that level
3. GOLD rose up 270 pips but ATR is 222
that means gold rose up 121.62% of the average daily move.

There are only 15% probability price will rise more than 1 ATR per day

I read many many comments in chat about buy gold. How can u do it if the price rose up more than 1 ATR?????
Did u study charts?
Only in 10 - 15% days price rise/drop more than 1 ATR.

Comment

I HOLD Sell on GOLD at $1483.50
It's 10:16 p.m. in Ukraine. I am going to sleep. We will see each other soon)

Take care on GOLD when I will rest))

Comment

1st T/P: $1468
2nd T/P: $1460

Comment

GOLD close HAlf of position
Huge chance on a pullback

Comment

GOLD broke up key level. 2nd scenario is working.

Huge possibility price will continue up rise. GOLD already rose 1 ATR. I will wait for accurate buy signal after a pullback
Comments
cfa62b2eee1f468f
What is mean ATR
Yuriy_Bishko
@cfa62b2eee1f468f, I will write in TG channel
\
BryanLengoc
What is suggested TP?
Yuriy_Bishko
@BryanLengoc, 1st T/P: $1468
2nd T/P: $1460
Greenback-Trader
thanks for sharing this chart
now price pullback to sell zone can we sell it again now ?
Yuriy_Bishko
@aldanger007, I have posted the video
Greenback-Trader
@Yuriy_Bishko, iam watching it now .. Thanks
MonaMonaz
What’s ATR means sir
markoal
@MonaMonaz, I think its Average True Range
MonaMonaz
@markoal, thanks you
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