Gold Correction Move may give us a good
shorting opportunity.
1252.77 is the 0.618 level.
AB=CD Measured Move at 1255.21
Can use Multiple Entry, I.E.
0.5 lot at 1252.77, 0.5 lot at 1255.21
if you are using a total of 1 lot size position.
If a strong bullish candle close above 1260
then exit the short trade.
else, just hold the short to multiple target.
TP1: 1240.00
TP2: 1227.00
TP3: 1207.00
shorting opportunity.
1252.77 is the 0.618 level.
AB=CD Measured Move at 1255.21
Can use Multiple Entry, I.E.
0.5 lot at 1252.77, 0.5 lot at 1255.21
if you are using a total of 1 lot size position.
If a strong bullish candle close above 1260
then exit the short trade.
else, just hold the short to multiple target.
TP1: 1240.00
TP2: 1227.00
TP3: 1207.00
Comment:
multiple wicks , good price action.
Comment:
1255 added another short. now is doing good