I see the potential to sell in the drop base drop (DBD) supply zone area, after the sideways market is expected to bull and enter the supply area. My plan is to SELL XAUUSD in that area, with the SL limits that I accept, with a target of 2R I think is quite realistic.
Note: this plan is a XAUUSD trading idea. All risks are not our responsibility.
Note: this plan is a XAUUSD trading idea. All risks are not our responsibility.
Order cancelled
price almost entered the supply zone, orders were not picked up, price dropped. plan cancelled
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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.