*retest of structure (I am aware of structure below, don't swing you don't win) *Falling channel *Bullish divergence on 60 + 240 *Number of line closes on the line chart at 240TF -------- I'd like to break out of the channel pretty quickly to indicate a bullish move soon and then look to scale in. We may range a little more here though RR is 1:3.12 Loss $556 Potential Gain $1286 (if profits aren't banked along the way)
Trade closed: stop reached
⋅
very short lived, big push lower on gold. is what it is
Comment
⋅
Next level as described was hit and bounced right off that level