XAUUSD Pin-Bar (Early Entry on a Double Top Setup)
Going Short on a break below the current 4H candle. It could be the setup of the a "Double Top" or just a simple range trade.
Either way the ROI is 2/1 or 4/1 on a break of the neck line. A neck line break seems to also fall in line with the old trend-line.
Selling half at the neck-line in case of a bound. The remainder will be felt with the stop at break even.
Either way the ROI is 2/1 or 4/1 on a break of the neck line. A neck line break seems to also fall in line with the old trend-line.
Selling half at the neck-line in case of a bound. The remainder will be felt with the stop at break even.
Trade active:
Trade activated.