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stibo
Jun 4, 2020 1:49 PM

GOLD SHORT Opportunity (Supply & Demand)Β Short

GoldOANDA

Description

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Hello Traders,

We can see here a strong impulsive downmove on the 1h chart. This move was likely made by institutions because the candles are very long and the move was quick.

Wait now for price action in the supply zone to confirm an entry. If the price shots through and does not confirm the supply zone then do not enter anymore.

Please leave a like to support my work. πŸ‘

Thanks for reading,
stibo πŸ₯¦

Trade active

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Trade closed: target reached

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tp hit + 213 pips

Comment

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Thank you guys for your support. Appreciate it.

Comment

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Comments
fx_kieha
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Take a look of this setup
stibo
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@fx_kieha good setup, possible scenario, whats your tp?
fx_kieha
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@stibo,

S3β€’β€’β€’β€’That's a strong zone to look at,but I like doing breakeven strategy
NoviceTrader_Crypto
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@fx_kieha, nice one.
vinhvo2010
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Very good, thanks so much
stibo
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@vinhvo2010 youβ€˜re welcome, did you also sell gold?
vinhvo2010
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@stibo, Sure Bro
kennypilanski
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What is your main strategy?
stibo
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@kennypilanski, Hey bro, i mainly trade supply & demand. Have you ever heard of that?
kennypilanski
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@stibo, I only trade support/resistance and trendlines, can you tell me more?
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