Final Bearish Structure Idea - XAUUSD Descending Wedge 2H
Risk Management is Key.
Target 1701.22
Traps today had a great run towards 1737 Zone.
1740 is our resistance, but we also have a massive Bearish ENgulfing candle trumping all candles on the screen.
Price action is certainly for the bulls but i find my R:R ratio to be good from this zone.
Sure everyone want 1757 - 1760's but the market is King.
im not certain but heading towards this idea.
I have Sells entered @ 1737.75, SL just above 1745.05
Trade Safe & Good Luck All.
I Found todays squeeze revealed what type of enviorment we will be heading into towards march enviorment.
Target 1701.22
Traps today had a great run towards 1737 Zone.
1740 is our resistance, but we also have a massive Bearish ENgulfing candle trumping all candles on the screen.
Price action is certainly for the bulls but i find my R:R ratio to be good from this zone.
Sure everyone want 1757 - 1760's but the market is King.
im not certain but heading towards this idea.
I have Sells entered @ 1737.75, SL just above 1745.05
Trade Safe & Good Luck All.
I Found todays squeeze revealed what type of enviorment we will be heading into towards march enviorment.
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