11021992

Feb 16, 2017 6:47 PM

XAUUSD: Two bearish ideas Short

Gold/U.S. DollarFXCM

Description

⋅ Feb 16, 2017 6:47 PM

Hi traders,

On the XAUUSD we have a bearish pattern forming. There are two entry ideas for this setup.
(1) Enter at the breakout of the trendline
(2) Enter at the retest of the previous structure

Cheers

Comment

⋅ Feb 16, 2017 9:22 PM

Retest of the trendline, let's see.

Trade active

⋅ Feb 17, 2017 12:03 AM

Trade closed: stop reached

⋅ Feb 17, 2017 1:19 PM

Trade active

⋅ Feb 17, 2017 2:31 PM

Comment

⋅ Feb 17, 2017 4:28 PM

Expected price movement

Comment

⋅ Feb 17, 2017 10:50 PM

First target hit.

Trade closed: target reached

⋅ Feb 23, 2017 11:12 PM

Both targets hit. Perfect.

Comments

AhmedAlhashash

⋅ Feb 17, 2017 2:39 PM

So we sell?

11021992

⋅ Feb 17, 2017 2:40 PM

@AhmedAlhashash, I sold at 1243.40, at the bottom of the blue/green structure bar.

AhmedAlhashash

⋅ Feb 17, 2017 2:42 PM

@11021992, I just did

11021992

⋅ Feb 18, 2017 11:57 AM

@AhmedAlhashash, Nice, looking good so far!

bulion

⋅ Feb 17, 2017 2:33 PM

tp please

pmcllc

⋅ Feb 17, 2017 1:59 AM

so far so good...

11021992

⋅ Feb 17, 2017 2:00 AM

@pmcllc, You sound a bit sceptical :P

bulion

⋅ Feb 16, 2017 9:32 PM

can we sell it now or we wait ?

11021992

⋅ Feb 16, 2017 9:36 PM

@bulion, Wait for the 30min candle to close below the trendline, then enter.

bulion

⋅ Feb 16, 2017 9:49 PM

@11021992, now xD ??