XAUUSD Short: 4HR Analysis

21 ต.ค. 2020

I typically trade Gold on 1HR & below but this 4HR set up caught my eye

Confluences:
- Rising Wedge
- Clear Downtrend
- At an area of resistance
- Trend Meets Resistance

Ways to Enter:
Conservative: Wait for price to close below that last area of support (1901.251) then enter.
Aggressive: Have a sell limit at resistance area or sell once price reaches resistance area.

LIKE, COMMENT, and FOLLOW
*tell me what you think of the idea and tell me if you took it :)*

29 ต.ค. 2020

บันทึกช่วยจำ

Move SL into PROFIT around 1888.00! You could've got another entry around that same area as well.

2 พ.ย. 2020

ปิดการเทรด ด้วยตนเอง

We closed in profit. you could've taken partial profit once you saw the reverse in price start to happen and my trailing SL has been hit due to the break-in structure. At this point, I'm looking for both sell and buy opportunities depending on what price does at this key level.

6 พ.ย. 2020

ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน

As you see above I closed the trade manually around 1870, I'm not sure why it kept going on my trade idea!