XAUUSD SELL SETUP
Scenario 1:
As we see a strong support on 2910 if market breaks this support and retest 2910 we sell gold from there we see a clean range in the sell side so our first TP will be 2888 and if market is in strong Bearish position after 2888 our Final Tp will be 2878 and set SL just 20 to 30 pips 2912.
Scenario 2:
If market break the support with strong bearish candle so don't wait for retest when you see next candle break the low of a candle which breaks the support strongly enter on sell in this case your SL will be on high of previous candle and trail the SL to high of previous candle and our Tp will be same because its a clean Range.
As we see a strong support on 2910 if market breaks this support and retest 2910 we sell gold from there we see a clean range in the sell side so our first TP will be 2888 and if market is in strong Bearish position after 2888 our Final Tp will be 2878 and set SL just 20 to 30 pips 2912.
Scenario 2:
If market break the support with strong bearish candle so don't wait for retest when you see next candle break the low of a candle which breaks the support strongly enter on sell in this case your SL will be on high of previous candle and trail the SL to high of previous candle and our Tp will be same because its a clean Range.
Trade active
so as we say waterfall is here see how market goes towards sell enjoy your profits and trail your SL TO BREAKEBVEN BECAUSE MARKET moves 70 pips with our entry
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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.