XAUUSD : WATERFALLS
Hi traders!
(This trade was already shared with students)
I needed confirmation of the down move before going into this trade. Now that gold clearly broke support and close under it is what we needed. USDJPY also showed us the way! We will have a classic retracement of the up move with gold going for those FIB extension
Here is what I'm thinking :
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
(This trade was already shared with students)
I needed confirmation of the down move before going into this trade. Now that gold clearly broke support and close under it is what we needed. USDJPY also showed us the way! We will have a classic retracement of the up move with gold going for those FIB extension
Here is what I'm thinking :
- XAUUSD SHORT:
- ENTRY : 1283.77
- SL : 1289.67
- TP : 1260.26
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
Note
This was shared with students.Trade active
Opened short a mentioned price.
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.
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.