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Geordiefx
Feb 2, 2021 12:19 AM

Gold short idea  

GoldOANDA

Description

Looking for an impulse to the downside breaking lower time frame support. If we get this i'll then consider shorting if we get some sort of pullback.

Entry - on the pullback. Stops above previous structure.

Remember, if the set up doesn't quite materialise, move on! There are endless opportunities in the market.

Risk - 1%
Target - 3.5%

Order cancelled

no position executed. Wasn't a convincing impulse to downside, especially looking at the hourly close. Onto the next :)

Comment

The predicted move happened over night but great to see the analysis play out nonetheless!
Comments
TRADiNG_hub
What a Lovely Setup ||

Good Job
Geordiefx
@TRADiNG_hub, Thanks mate, appreciate it!
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