XAUUSD (GOLD) SHORT 1 HR BREAK AND RETEST TRADE SETUP
Hi traders:
An excellent opportunity to SHORT XAUUSD (GOLD), as the 1 HR chart broke down 50 EMA,
looking for a retest at main pivot, 0.3382 fibs retracement, and 1237.50 to short
Target 1: 1224.00 (3.38% Profit)
Target 2: 1220.00 (8.13% Profit)
Thank you for your support and feedback.
Trade: #24
Date: 02/21/2017
Time: 00:00 GMT
An excellent opportunity to SHORT XAUUSD (GOLD), as the 1 HR chart broke down 50 EMA,
looking for a retest at main pivot, 0.3382 fibs retracement, and 1237.50 to short
Target 1: 1224.00 (3.38% Profit)
Target 2: 1220.00 (8.13% Profit)
Thank you for your support and feedback.
Trade: #24
Date: 02/21/2017
Time: 00:00 GMT
Trade active
Here are the other time frames:Trade closed manually
RESULT: +1% PROFIT. Exit trade as 1 HR chart formed massive bullish engulfing candle formed, manually exit the trade for 1% profit @1233.00Date: 02/21/2017
Time: 15:00 GMT
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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.
Related publications
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.