In my previous idea, I shorted at 1250 level, sell order 1 is protected. Gold is under pressure of cloud now, it is expected to breakout upward trend line and drop deeper after a little bit consilidation. First major target at 1180 See image below
1.TK cross out of cloud 2.Price broken outside of cloud 3.Future kumo trending up 4.Lagging span breakout cloud 5.Downward trend line break 6.Inverted Head & Shoulder neck line breakout Recommandation: Buy the dip 1. when price retrace to neckline around 1.1043 or 2. when price retrace to kijun-sen around 1.1030 SL at 1.0983, Target 1.1119, 1.1169, 1.1218, 1.1378
I opened sell order 3 at 1.3785, baskest SL was adjusted at 1.3848, net secured profit: +168 pips
I opened sell order 2 at 156.71, basket SL at 157.40, net secured profit : +489
I adjusted all SL to 112.62, which is just above the cloud and descending channel upper band. net secured profit: +332 pips
I adjusted SL 1 to 123.70 level, where selling climax in 4H indicate that seller may exhausted later soon before 121 level hit. Net secured profit: +365 pips
I pended Sell limit order 1 for major down trend, SL at 1270 More fundamental supports are needed for breaking new high, major trend may go down again alternatively
Similar to EURJPY, GBPJPY is now in the same picture. I adjusted SL1 to 157.40 level. Net secured profit: +558 pips
I opened sell order 2 at 1.3892, I adjusted basket SL to 1.3930, net secured profit : +67 pips
I opened sell order 1 at 1.4035, SL: 1.4196 Target 1.3867, 1.3763, 1.3595
I opened sell order 2 at 1.3676 SL: none Sell order 1 was secured with BE
I opened sell order 3 at 112.50 SL: I adjusted all positions SL at 113.42
I opened buy order 2 at 0.7163, SL: none I adjusted a tight SL 1 at 0.7137
I opened sell order 2 at 1.4025, SL: none sell order 1 was secured with BE
I opened sell order 1 at 0.9737 SL: none
I opened sell order 1 at 1.3830 SL: none
I opened buy order 1 at 0.7137 SL: none
I opened buy order 3 at 1.1260, SL: none I adjusted SL of both order 1 and 2 to 1.1185