Gold Spot / U.S. Dollar
Short
Updated

Trade Setup - Just of Learning Purposes

245
Trade Setup - Just of Learning Purposes

On 1 hour time frame, after evening star, bearish candle broke the low of previous bullish candle. Entry on retest of evening star and target on last low on 1 hour time frame and marked on 15 minute time frame
Note
Another lesson learned. Never trade during news on short time from like 1 hour. Or if you do, close it before the news.
Note
Seems like CH New Loans news result at 11 AM is affecting market now at 5:30 PM.

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.