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T4h3iD
Dec 5, 2019 9:21 AM

Gold trending Short

Gold/U.S. DollarFXCM

Description

As you can see, the price is moving within this channel,

Slight breakout to below will wait for a double bottom then for it to continue within the trend and take profit at the trend peak.

Comment

Price went lower and formed a red Pin bar, followed by green pinbar/engulfing candle (on 15 mins)

Had the 2nd entry at 1474, same TP and SL

Comment

Closed trade at 1476.50

40 pips profit with both entries

Comment

Original TP Hit
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