here is my xauusd setup
had already two profitable entries for xauusd. check please the previous ideas.
we managed to get the bounce of the weekly pivot and create a new low.
we made a lower low and bounced back to weekly pivot, i would count this as DOUBLE TOP.
we didnt broke 1641 area, because we have a major support there. so we back to the weekly pivot.
market can take out previous high above weekly pivot but as bearish as the market is currently im going to have further short bias
if you have questions about trading, let me know. i like to help others.
had already two profitable entries for xauusd. check please the previous ideas.
we managed to get the bounce of the weekly pivot and create a new low.
we made a lower low and bounced back to weekly pivot, i would count this as DOUBLE TOP.
we didnt broke 1641 area, because we have a major support there. so we back to the weekly pivot.
market can take out previous high above weekly pivot but as bearish as the market is currently im going to have further short bias
if you have questions about trading, let me know. i like to help others.
Trade closed: stop reached:
:(
its middle of NY session rn.
sooooo this could mean something