Looks like a HANGING MAN is forming.
Price is very overextended.
GOLD looks like it also wants to reverse.
ONLY enter at the pre-set location with a breakout trade.
DO NOT try and enter directly.
Keep in mind, these are purely my opinions and not financial advice.
Looking for a 0.382 retest of this push up.
Price is very overextended.
GOLD looks like it also wants to reverse.
ONLY enter at the pre-set location with a breakout trade.
DO NOT try and enter directly.
Keep in mind, these are purely my opinions and not financial advice.
Looking for a 0.382 retest of this push up.
Note
Small correction. Entry point is the same, but the actual price is 103.622Note
Also, now that R2 has been wicked, re-adjust SL to above the wick ONLY IF THE POSITION IS TRIGGEREDTrade active
Trade is active. Again, make sure the SL is now above this current wick.Order cancelled
Closing here as there is not enough volume. Small gainNote
Quick note: I had a question from someone as to why I didn't consider holding my position overnight. While the target WAS HIT, I DO NOT hold positions while I am asleep, especially not in summer and especially not when market conditions are so volatile.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.