PrestigeTraingLTD
Taken position on USDCHF, broke TP 1 easily and then I saw some weakness driving my other position's to stop loss , I still made a small percentage gain on this trade .
learning the price action based indictors and how to utilise this in my group of trading strategies.
price broke support and I'm waiting for my trade to follow trend into the 0.855 percentile and lower.
Increase to the 1753 area , structured support after yesterdays market moving news. going to take advantage of current market conditions.
I fel as if price will rise to 100k in the near future I'm holding this trade for a whole year.
I'm taking this position based of a recent bias in this trade and a strong reverse hammer formation, price has rejected my 0.236 fib level and is now ranging in the 1.77308 area. Buying from the support now waiting for the inevitable break and ascend in my desired direction. PUBLISHED BY , PURE TRADING ACADEMY
I've seen price range between my 1950 fib level and 1683 fib level, overall general down trend on this trade. I feel as if XAUUSD (GOLD) will sink into the 1727 area, I've set my target lower then that because that's just my minimum expectation for this trade, let's see how it plays out ANALYSIS BY , PURE TRADING ACADEMY