GOLD (XAUUSD) 15M TF: Market outlook
Updated
Potential SELL (loading)
Looking forward to see mini buyers reattempt from the current SNR failure to continue long creates a LOWER HIGH that will breakout short the SNR and make brand new lower lows.
Will see how the market unfolds!
Looking forward to see mini buyers reattempt from the current SNR failure to continue long creates a LOWER HIGH that will breakout short the SNR and make brand new lower lows.
Will see how the market unfolds!
Trade active
[First Attempt SHORT]
Price managed to reach the anticipate SNR price level. The Potential Sell is still promising, I just went short small size- looking forward to scale in once I get a more clear view on the potential sell.
Continuing to monitor!
Trade closed: stop reached
I guess I was sell bias, there's reason why I got in small size in attempt to sell. I failed to recognise that the buyers might actually takeover as sellers did react from the SNR but failed to maintain ground and drop.
The entire idea I was neutral in anticipating a potential sell, however I did not gauge the buyers quite well.
Post Analysis:
*This trade idea was based on buyers taking long and seller continuing short. I could've bought & sold later but I sold only and lost on a small size.
*The buy was a successful prediction but the sell prediction failed.
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