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ForexVizionist
Mar 29, 2021 8:32 PM

GOLD - short (daily TF) Short

GoldOANDA

Description

I am not to confident into short performance , since the overall trend is still bullish, and currently it is closing in on the past BULLISH overall
territory start (demand)

that is why I am using closer target, and I will have no problem to close trade sooner if needed
(lets just hope there will be no Price action blindness

Comment

1st Take profit triggered

its not really wise to move Stop Loss to Break Even

but manually move it to reduce risk for cca 50% is good

Trade closed manually

I don't like the strength of pullback
I closed around Break Even


Scale out profits only
Comments
John_Smithh
Great idea
ForexVizionist
@John_Smithh, so it looks
FlyDownX
Wonderfully done and beautiful chart!
ForexVizionist
@FlyDownX, thanks
Lingrid
Where will the price go after it reaches your goal?
ForexVizionist
@Lingrid, IDK, you can see H line (value) where I wrote DEMAND

that is where BULLs stepped in previous time (major bulls)

IDK how strong they still are, because that was the price of interest previous time if it is still then it can reverse back bullish quickly

SO i really don't know / time will tell
DeGRAM
Right On!
ForexVizionist
@DeGRAM, indeed
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