XAUUSD W SHORT LDN 190521
+1%
Took this trade based upon the breakout of LTF structure. As seen with the 1864.00 price being violated with a strong lower wick. This shows the potential LTF retracement to allow the following candle which I entered to move down.
Also what makes this trade really good is the closest next range being around 100pips away from my entry, meaning that there are much less resistance that the price will have to contest against
Took this trade based upon the breakout of LTF structure. As seen with the 1864.00 price being violated with a strong lower wick. This shows the potential LTF retracement to allow the following candle which I entered to move down.
Also what makes this trade really good is the closest next range being around 100pips away from my entry, meaning that there are much less resistance that the price will have to contest against
Hold nothing sacred in search of truth
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.