short position - xauusd
Updated
By seeing the weakness of the price movement in reaching the specified area and seeing the downward confirmation candlestick, can enter the short position.
Trade active
The previous area was broken without a confirmation candle and with force, so we did not enter the short position.Another important area in front of the price is that if it reacts to it with low power and candle gives us confirmation, we can enter a downtrend.
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.