TerryHarmonicTrading
Short

Gold - Bearish Shark at top of Channel

OANDA:XAUUSD   Gold
3 months ago
Hey guys, some sharing on Gold             and how I will trade it.

The blue channel is drawn on the H4 chart, it is a channel that has been respected for months.

I saw a bearish shark completing on gold             with the entry around 1350.

SL will have to go above 1355 with profit targets back down at around 1315.

Monitor these criteria before entry for a higher probability trade

1. RSI divergence and overbought at entry zone
2. Candlestick reversal ( Pin bar or bearish engulfing pattern)

Take care and great trading guys!
3 months ago
Order cancelled: Price did not hit entry zone, trade invalidated.
Harmonic trader based in Singapore. Learned directly under the great Scott Carney. For FREE live trading webinars, trading resources and market analysis, please do visit my website at Harmonicforex.com
pmcllc PRO
3 months ago
it is hitting your target price without reaching your entry point...
Reply
TerryHarmonicTrading pmcllc
3 months ago
Hey man, thanks for commenting. This means that my short ordered is invalidated and I will wait for the next good setup. How's your week?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out