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UnknownUnicorn7312500
Sep 22, 2021 9:03 AM

ASCENDING CHANNEL PATTERN IN GOLD Short

Gold / U.S. DollarFOREX.com

Description

I'm monitoring this pattern closely for a break of the support. once it breaks and retest the support, i will enter a sell trade and scale it down to my target.

Trade active

Price is now breaking the support . lets wait for a retest or a confirmation to enter our shorts.

Trade active

Im in a short position of 2 lot size. i will scale this down as price goes lower.

Trade active

Looks like another retest to the resistance. lets keep monitoring our trade and have stop loss in place.

Comment

i managed to book some profits with trailing stop

Trade active

That was a big stop hunt. im opening another sell trade

Trade closed: target reached

interest rate news yesterday made trading choppy with small profit
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