This is the continuation for the idea about XAUUSD a few days ago.
With the mindset to only look for intraday short until it reaches 1250 or a strong mazubozu to break out the pivots in the downtrend,
these bearish patterns will be my main thoughts in today's trading.
They could be solid trades themselves separately; while as the bearish mindset comes from daily chart,
to trade it with different entries and the same outs could also be good!
What's more, if these patterns failed and these trades are stopped out, it would probably have some strong mazubozu to break these X points, then it'll kinda open the bullish mindset again!
Let's see how it goes!
With the mindset to only look for intraday short until it reaches 1250 or a strong mazubozu to break out the pivots in the downtrend,
these bearish patterns will be my main thoughts in today's trading.
They could be solid trades themselves separately; while as the bearish mindset comes from daily chart,
to trade it with different entries and the same outs could also be good!
What's more, if these patterns failed and these trades are stopped out, it would probably have some strong mazubozu to break these X points, then it'll kinda open the bullish mindset again!
Let's see how it goes!
Note
able to get 2 of them before it went south yo!!
Related publications
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.
Related publications
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.