Hi, I expected 1188$ for bullish shark, but the price is out of time.
Daily bullish cypher on $1295 is active.
TP $1238/1242
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Likely bearish gartley at $1291
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Took 25% Profit on 1241.
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Gold remains bullish
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Took another 25% profit on $1292
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walled7863
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rafalo
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So now You are long or short?
Its not clear for me. In one idea You have short position active and here You took only 50% profit.
pixi
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@rafalo, yep, i took a long trade on this idea for 100 lots. I took 25% profit on target $1241 (i went short but SL hitted), Took another 25% (on initial base) profit on $1292 (bearish pattern) -> Short 100 lots -> First TP $1257.
I'm bullish for this year and as my profile is swing trading (daily/weekly), i'm trying to catch also bearish waves. If i'm wrong with my short trade at $1292, my remaining 50 lots long is a security.
rafalo
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@pixi, Thanks for clarification. So now You are surf on both waves. Idea is that short wave started now and should be smaller than the whole year move.
tcp007
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Nice trade, Pixi. Congrats. Would like to see this trade/updates continue.