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Profound_Ambition
Feb 6, 2018 10:43 PM

XAUUSD 2H 

Description

Back at the channel bottom / daily support. Watching for a break or bounce, let price action be the catalyst & trade what you see not what you think! ;)

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Price could do something like this as well

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potential H&S Pattern also

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price is at the potential reversal area (supply zone).

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watching for a break of support for shorts down to 1308

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break of support, now retest & continuation lower is likely

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retest of broken support now acting as resistance

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if you have traded this pair along side of me you should be up almost 400 pips since the first call I made at 1345! : )

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300*

Trade closed: target reached

1307 hit!
Comments
happym
Great
Profound_Ambition
@happym, thanks!
thesilverbullet
Yeah nice short trade. I'm looking for one more move to around 1300 then we go to 1400.
Domsax48
I'm still shorting it with a fraction position. We will see how low it will go.
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