GOLD H4 | BEARISH PINBAR OFF S/R, PRICE STUCK IN RECTANGLE
Updated
Hey guys looking at the gold charts today, I see this bearish pinbar off s/r that gold has been trading in for the past couple of days.
Risk to reward of 1.5. I'm not aiming for the bottom of the rectangle pattern as it's best to secure profits before.
Simple price action and technical analysis leads to simple profits.
Daily trade analysis and ideas:
Telegram: t.me/Forexdojo
Facebook: facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: instagram.com/jaylen.forex/
Website: forexshinobi.com
ForexShinobi
Risk to reward of 1.5. I'm not aiming for the bottom of the rectangle pattern as it's best to secure profits before.
Simple price action and technical analysis leads to simple profits.
Daily trade analysis and ideas:
Telegram: t.me/Forexdojo
Facebook: facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: instagram.com/jaylen.forex/
Website: forexshinobi.com
ForexShinobi
Note
Price broke above - stop loss hit! Losses happen we'll get em next time
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