XAUUSD - 15m - Riding the downtrend?
Updated
simple trendsetup. selling pullback in downtrend. here we have also further confirmation due to the breakout of the minor trendline in the pullback (check updates for better view)
conservative stop: above recent swing high.
aggressiv stop: above the highs of recent pullback
conservative stop: above recent swing high.
aggressiv stop: above the highs of recent pullback
Note
here a little more zoomed in viewNote
if we cant make it up there, i will also be lookign to just sell the breakout of the current consolidationNote
Note
worked out quite nicely. some nice profits today. now let see if we can break the channel
Related publications
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.