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Gold Spot / U.S. Dollar
Long

Confluence on Multiple TF

By Dansa_Inc
Updated
What happen when Sl is Hit?
Price continue in same dir.
Note
Already in Profit so the Risk Tolerance will depend on how the price reaches the D leg of this Harmonic Pattern. if it reaches there quickly with minor seller's interest, i do not manage trade, cause the probability of the pattern failing will be more that 50%, but if it take longer to get there then i'll turn trade to risk free.
Moreso, we are in the overall flow so, the odds in our favour.

Let's observe.
snapshot
Trade closed: target reached
1:1 Good
2:1 Coming
snapshot
Trade closed: target reached
2:1 Hit.
Risk Free.
Wait to close all position at Golden Ratio.
snapshot
Trade closed: target reached
All position closed
snapshot
AB=CDSupport and Resistance
Dansa_Inc
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