Gold was coming back to a key Supply zone and this was second leg retracement. Retracement happened during Pre-GBP session and waited for 8.00 for more volume.
Upon seeing more volume coming in and Price pushing to 2087.500 I zoomed into the 5mins & 1min waiting for a bearish engulfing. Once I saw this entered @2087.500 with sl@2090.500 risking(30 pips).
TP1: 2083.500 TP2:2081.00 TP3:2081:00. TP4: 2075.00 TP5:2070.00. TP6:2060.00
* Where has the market moved since I entered my trade? PROFITS
* If I looked at the market now, would I take the same trade? YES
* How do I feel about my trade? OPTIMISTIC
* What do I like about this trade ? waited patiently for ENTRY & also additional confluence
* What do I dis-like about this trade now? nothing
* On a scale of 1 to 10, where would I rate this Trade now? 8/10
* If I were not in a trade now, would I take the opposite trade ? no
Upon seeing more volume coming in and Price pushing to 2087.500 I zoomed into the 5mins & 1min waiting for a bearish engulfing. Once I saw this entered @2087.500 with sl@2090.500 risking(30 pips).
TP1: 2083.500 TP2:2081.00 TP3:2081:00. TP4: 2075.00 TP5:2070.00. TP6:2060.00
* Where has the market moved since I entered my trade? PROFITS
* If I looked at the market now, would I take the same trade? YES
* How do I feel about my trade? OPTIMISTIC
* What do I like about this trade ? waited patiently for ENTRY & also additional confluence
* What do I dis-like about this trade now? nothing
* On a scale of 1 to 10, where would I rate this Trade now? 8/10
* If I were not in a trade now, would I take the opposite trade ? no