XAUUSD - D - SHORT - TDI
Updated
I'm starting something a-bit new here. On daily Gold just barely cross TDI and re-enter PAC. I'm trying to see if it's a recurrent topping pattern or not. I believe the odd are 60% and the behavior is looking like one.
Be very careful with this one and as soon gold go down (in case this work), I'm not looking for anything below 1210/1220
Be very careful with this one and as soon gold go down (in case this work), I'm not looking for anything below 1210/1220
Comment
I booked 10% profit @1261 earlier today and put SLbe to let this trade run a bit.So far it's behaving as expected.
Comment
Booked 20% profit@1255. This can go lower but not straight so I'm keeping the same SL.Comment
Booked 20% profit@1245.Letting the 50% run until TP. SL@1261.
Comment
It has been 3 weeks since we opened that position, and we already booked few hundreds pips from it. But the pattern on daily seems to correct some more and I don't like to have margin used for waiting time.But looking at 4H charts, I will wait a bit more (next week) to see what happens. This chart alone would be a SELL signal on my radar. We'll see what the market brings.
Trade closed: target reached
TP hit! Nice start of month!
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.