XAUUSD SELL IDEA
Updated
Watch carefully for price rejection, when it fail to break the trend line, open sell position. But if the price break the trend line, wait for reversal on trend line or support area.
put stop loss at 1794 price and take 1:2 or 1:3 reward ratio
Disclaimer, the price may reverse on lower low trend line, watch for price action pattern
put stop loss at 1794 price and take 1:2 or 1:3 reward ratio
Disclaimer, the price may reverse on lower low trend line, watch for price action pattern
Note
The Price shows reversal at this point.Open short position.
SL at 1794
TP at 1774 with 1:2 RR
or TP AT 1769 with 1:3 RR
Note
I close my short position at 1778 with profit because the price showing strong buyer sentimentalNote
i'm gonna open short position again if the price pull back at resistance area (the top rectangle)
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