Criteria. A. wait to break out, retest and buy B. manage Lot size to buy now and wait to buy on dip more C. beware of the drop to monthly support zone and red dot trend line.
I short gold more around this It should form small triangle to drop in next session if it breaks red line will cut small loss and find to sell again on top
against trend TP minimum 40 pips High - Risk #Short-term trade PS: I have Sell position last night. This is only short term trade. I still bias sell to lower than 1460. Please use suitable lot size with Risk management.
detail in chart. Stop if break down below red line Target Green line
no detail . Only test new knowledge. from backtest.
Trade with criteria , I already mark on chart. Now Long is R/R better than Short. But everthing can happen with Gold. Only have plan A,B,.... to fight back. as I told some follower in chat. sorry if i answer late in chat but I will try my best . ^_^ *** Risk management is important than signal or entry/exit point.
Bearish confirmation from Monthly close. detail in chart
I like in S2. path ( see Left chart ) and L2. path ( right chart ) Only wait matket flow to which sides , I only ride with market direction after confirmation.