XAUUSD:A Shorting Opportunity
Updated
The market has broken through the upward trendline and the pullback is coming now.
The downward trendline also gives the resistance.
Meanwhile the 0.618RET locates at about 1215 levels and the previous structure also works at this zone.
So it may be good to sell at 1215-1216 levels when price action gives the signal in the PRZ.
SL:above 1220
TP1:1206
TP2:1200 and further more
The downward trendline also gives the resistance.
Meanwhile the 0.618RET locates at about 1215 levels and the previous structure also works at this zone.
So it may be good to sell at 1215-1216 levels when price action gives the signal in the PRZ.
SL:above 1220
TP1:1206
TP2:1200 and further more
Trade active
Comment
TP1 reached.Comment
TP2 reached.Comment
Very nice,1190 reached.Comment
More profits have been taken.
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