VIP - GOLD - SHORT
Why are we entering?
- We're in a 5-3-5 correction leading towards the 78.6 fib
- Expecting USD news to move GOLD lower
- In the last wave and expecting an ascending correction leading up to the news
What is our confirmation?
- Rejection of fibonacci
- Break of Risk trendline
Entry
- SAFE Entry: No safe entry
- RISK Entry: Break of risk trendline after fibonacci rejection (during the news)
Once entered, where will our Stoploss be?
- above rejection
Where do we take profits?
First TP: 1800 (380pips)
Second TP: 1780 (580pips)
Swing TP: 1680 (1600pips)
- We're in a 5-3-5 correction leading towards the 78.6 fib
- Expecting USD news to move GOLD lower
- In the last wave and expecting an ascending correction leading up to the news
What is our confirmation?
- Rejection of fibonacci
- Break of Risk trendline
Entry
- SAFE Entry: No safe entry
- RISK Entry: Break of risk trendline after fibonacci rejection (during the news)
Once entered, where will our Stoploss be?
- above rejection
Where do we take profits?
First TP: 1800 (380pips)
Second TP: 1780 (580pips)
Swing TP: 1680 (1600pips)
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
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.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
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.