This could be the top. The price may pullback to buy zone an other time
Note
As you can see the trading plan is based on different methods all combined.Elliot wave + psychological resistance + chart pattern + indicator
3232 was rejected by price and it formed a sort of top candlestick. Entry now is offensive, if you want safer entry you can at the breaking and pullback of bearish channel. Depends on your feelings
Trade active
we can hold it and see if santa claus let us a surprise under the fir next weekNote
AB of today:Two loss on XAUUSD and on loss on SPX (-90)
BUT, we win on forex and we win big:
-we can take the other half of EURUSD : +120$
-we can take half of GBPUSD : +52$
-we can take half of GBPJPY: +60$
-we can take half of AUDUSD: + 45$
-and we can take all of the USDCHF trade : +60
Total : 337 - 90 = 247
AB : 1567 + 247 = 1814$
Note
and we hold the GBPUSD, GBPJPY and AUDUSD.Note
risk is adjusted to 36$ all trades are active buy EURUSD /USDCAD and GBPUSD, except GBPJPY (it's very expensive)
AND short on SPX
Note
SHORT SPX now it's pullbacking to resistance
Note
Take half AB : 1679 + 28 = 1707$
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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.