Fxprotrader
Short

GOLD Sell Setup At Median Line

FX:XAUUSD   Gold/U.S. Dollar
1557 8 41
Price has reached the median line of an uplslope pitchfork which rejected. In a lower timeframe we may see that it's in a consolidation having reached the 0.618 fib level of previous impulsive wave. That's a good level to short gold             . Stoploss and tp as shown at the chart.
Trade closed: target reached: First tp just reached. For those who follow i suggest moving your stoploss to breakeven, at second position for a risk free trade
Trade closed: target reached: Price has reached the second target for a 5,30 : 1 risk/reward ratio. Aiming big and moving stoploss at breakeven when in profit allow a trader to be very happy even if they he wins 50% of his trades.
excellent
Reply
Thanks :)
Reply
perfect job!
Reply
Fxprotrader BernhardAnalytics
Thank you :)
Reply
very nice
Reply
Fxprotrader omidmoradi
Thank you :)
Reply
excellent
Reply
Thank you :)
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out