GU SHORTS 6/4 (READ DESCRIPTION)
Updated
ENTRIES AT 1.2300 REGION BECAUSE OF:
-BREAK AND RETEST OF PREVIOUS LOW
- TIP OF 50EMA
-61.80% FIB
-PSYCH LEVEL
PROFITS SHOULD BE TAKEN AT:
-27% FIB LEVEL (WHICH IS ALIGNINING WITH A LOW)
-1.0800 REGION
1) FOLLOW YOUR OWN ANALYSIS
2) USE RISK MANAGEMENT
3) WAIT FOR THE APPROPRIATE CANDLE CLOSURES
THIS IS JUST A SCENARIO, DOESNT MEAN TRADE WAS EXECUTED IF THE CONDITIONS CHANGED
-BREAK AND RETEST OF PREVIOUS LOW
- TIP OF 50EMA
-61.80% FIB
-PSYCH LEVEL
PROFITS SHOULD BE TAKEN AT:
-27% FIB LEVEL (WHICH IS ALIGNINING WITH A LOW)
-1.0800 REGION
1) FOLLOW YOUR OWN ANALYSIS
2) USE RISK MANAGEMENT
3) WAIT FOR THE APPROPRIATE CANDLE CLOSURES
THIS IS JUST A SCENARIO, DOESNT MEAN TRADE WAS EXECUTED IF THE CONDITIONS CHANGED
Note
Entered after the clean 4h closure. Currently running at a very slight profit. Price successfully formed a 3 pin formation, which could indicate further downside. Lets see how it goes. Keep an eye out for further updates.Note
Should be running in good profits for most of you
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