Krunal.Patel
Short

XAUUSD/GOLD 60 Bearish GARTLEY PATTERN @ 1287

FX:XAUUSD   Gold Spot / U.S. Dollar
Hi guys,

Here is a bearish GARTLEY pattern @ 1287 in which i would have a sell limit in place and stop loss will be placed above the X leg which we use as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade.

Thank you for your support.

Trade Numbers:

Risk: 10.75 points x 2 = 21.50 points
Reward #1: 11.6 points. R:R = 1:1.1
Reward #2: 18.8 points. R:R = 1:1.75

Plan your trade... Trade your plan.
Trade active: SHORT @ 1287
Comment: TARGET 1 HIT! NICE AND PAIN-FREE. PROFIT MADE: 11.6 POINTS. MOVE STOP LOSS TO BREAK-EVEN, LET THE TRADE PLAY OUT.
Trade closed: target reached: FORGOT TO MENTION THAT TARGET 2 HIT A WHILE BACK! TOTAL PROFIT MADE ON THIS TRADE = +30.4 POINTS.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out