Hello, I am Agape
a daily and weekly swing trader
Let's see what is happening on gold
In daily timeframe, you can see that price printed a nice bullish structure higher low and higher high.
So i look closer into the smaller timeframe which is intraday timeframe (H4 and below) that there is broken resistance now turns into support, it indicates that there will be trend continuation
SL at previous swing low H4 structure
TP at weekly resistance
Manage your lot size
Place your trade at your own risk
a daily and weekly swing trader
Let's see what is happening on gold
In daily timeframe, you can see that price printed a nice bullish structure higher low and higher high.
So i look closer into the smaller timeframe which is intraday timeframe (H4 and below) that there is broken resistance now turns into support, it indicates that there will be trend continuation
SL at previous swing low H4 structure
TP at weekly resistance
Manage your lot size
Place your trade at your own risk
Trade closed manually:
I partially closed some of my position on profit because i see DXY on intraday timeframe (H4 below) breaks above consolidastion structure.
I will patiently wait how the price react
I will patiently wait how the price react
Trade closed: stop reached:
SL hit but still profit on this trade
I will consider to find sell setup on gold
Case closed.
Happy profit
I will consider to find sell setup on gold
Case closed.
Happy profit