#PNR $PNR
Updated
Entry = 0.205
Stop = 0.170
In at 0.205 don't want to see 0.170 break or the move is over.
TBH the chart doesn't look that great. BIG Weekly H and S = Bearish, Weekly MAs have crossed bearish, Dalay MA,s Crossed Bearish.
Positive's
61.8 fib zone is good reversal zone.
Volume in lately soaking up the supply.
Weekly 200ma at 0.190
Good support zones at 0.190
Gold/Aud chart looks good.
Lets see risky play..
Stop = 0.170
In at 0.205 don't want to see 0.170 break or the move is over.
TBH the chart doesn't look that great. BIG Weekly H and S = Bearish, Weekly MAs have crossed bearish, Dalay MA,s Crossed Bearish.
Positive's
61.8 fib zone is good reversal zone.
Volume in lately soaking up the supply.
Weekly 200ma at 0.190
Good support zones at 0.190
Gold/Aud chart looks good.
Lets see risky play..
Trade active
Pulled stop so never got hit. I should of been out at 0.170 and stuck to my rules as the 61.8fib didn't act as support... but I pulled stop and now I'm in profit. Mainly because and gold action. R8sky and not a great descision but I got lucky this time:)
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