pardis
Short

WATCHING FOR BREAKOUT

FX:XAUUSD   Gold Spot / U.S. Dollar
182 6 20
SELL AFTER BREAKOUT
In this chart, every time it hit that line, it bounces back again to 1237-1243 ... except in Feb 2016 when it extended to 1191 and bounced next day, why do you think this time it wont happen again ?
Reply
robus shero
because Macro financial changes.
Reply
pardis robus
nice
Reply
pardis shero
thanks for your attention ....my reason is several bearish candle and i will enter to sell position after clear breakout...good luck
+1 Reply
shero pardis
can you please define clear breakout ?
Reply
pardis shero
sorry for delay ...i mean passing of trend line with long candle and candle closing with considerable distance of trend line
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