Gold/Usd short setup after rejection
On the weekly TF I traced the balance zone and its control price. After many attempt to go through the control price, once it did, a strong rejection formed itslef. Now the price is edging a important trendline. Upon its break I'd see price go the 1200ish. Maybe more after some correction.
This is a good trade with a good risk/reward ratio
Entry approx. : 1248.8
SL: 1262
TP1:1225
TP2:1205
This is a good trade with a good risk/reward ratio
Entry approx. : 1248.8
SL: 1262
TP1:1225
TP2:1205
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.