WRsp

XauUsd H4 RRR 1:4-7

Short
WRsp Updated   
PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar
H4: Breakdown of the structural uptrend Selling a pullback in a downtrend

Based on daily volatility of 0.89%, the expected intraday trade is
1835 - 1802

SL (safety level): 1835
Target Zone 1: 1802
Target Zone 2: 1790 - 1773
Trade active:
My entry is 1825.39
SL 1831.20
TP 1790.10
Comment:
Running 1.5R

You can move sl to entry @1825.39
Or reduce risk to 1828.80

Look good to me 😀
Comment:
Running 2.5R. Move sl to 1828.80
Comment:
Still holding this trade
Comment:
In profit 3R. Can close if you want or set BE if you want to hold.
Trade closed manually:
Closed at 1810.13
3% in the pocket!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.