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Gold trending
Gold Spot / U.S. Dollar
Short
Gold trending
By T4h3iD
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Updated
Dec 5, 2019
3
Cheer
Cheer
Dec 5, 2019
As you can see, the price is moving within this channel,
Slight breakout to below will wait for a double bottom then for it to continue within the trend and take profit at the trend peak.
Dec 5, 2019
Comment
Price went lower and formed a red Pin bar, followed by green pinbar/engulfing candle (on 15 mins)
Had the 2nd entry at 1474, same TP and SL
Dec 5, 2019
Comment
Closed trade at 1476.50
40 pips profit with both entries
Dec 5, 2019
Comment
Original TP Hit
Parallel Channel
Trend Analysis
T4h3iD
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