tntsunrise

Jan 26, 2016 4:58 PM

GOLD BUTTERFLY PATTERN AND AB=CD MOVE Short

FX:XAUUSD240

Gold/U.S. DollarFXCM

Description

⋅ Jan 26, 2016 4:58 PM

1119.00-1119.93
(SHORT GOLD)
AB=CD BUTTERFLY PATTERN
SL: 1123.66
TP:
1101.50
1090
1055

Trade active

⋅ Jan 26, 2016 5:38 PM

Comment

⋅ Jan 27, 2016 1:18 AM

Comment

⋅ Jan 27, 2016 1:20 AM

the inverse 1.618 again helps

Comment

⋅ Jan 27, 2016 7:45 AM

1h charts shows a double top

Comment

⋅ Jan 27, 2016 9:11 AM

Nice Drop, now is 1117.

Trade closed: stop reached

⋅ Jan 28, 2016 1:26 AM

FOC MEETING ,hit stop loss at 1123

Trade active

⋅ Jan 28, 2016 1:26 AM

Re-entered at 1126 for AB=CD Completion

Comment

⋅ Jan 28, 2016 4:25 AM

SL 1133

Comment

⋅ Jan 29, 2016 8:04 AM

after break this trend line, gold will continue to drop

Comments

Omarragheb

⋅ Jan 27, 2016 7:13 PM

i Hit Stop after FOMC is that happen to all ?

FawadJawed

⋅ Jan 27, 2016 7:28 PM

my SL is at 1127

Rayge

⋅ Jan 28, 2016 1:58 AM

yes i short it at 1127, hit up TL

Wesual

⋅ Jan 27, 2016 9:53 PM

Just leave gold for now...

Omarragheb

⋅ Jan 27, 2016 9:55 PM

FawadJawed

⋅ Jan 27, 2016 9:56 PM

will closely b watching its price action now...it looks towards 1136

Funny_Jasper

⋅ Jan 27, 2016 5:52 AM

I agreed with you Sir,I will short sell too, If the price fail to demand zone.

tntsunrise

⋅ Jan 27, 2016 7:46 AM

yup. that demandzone will be good to take some profit

Wesual

⋅ Jan 26, 2016 7:34 PM

SL triggered. This trade is over for me.

jhakas

⋅ Jan 26, 2016 9:49 PM

Check this possibility of gold..