Gold short idea
Updated
Looking for an impulse to the downside breaking lower time frame support. If we get this i'll then consider shorting if we get some sort of pullback.
Entry - on the pullback. Stops above previous structure.
Remember, if the set up doesn't quite materialise, move on! There are endless opportunities in the market.
Risk - 1%
Target - 3.5%
Entry - on the pullback. Stops above previous structure.
Remember, if the set up doesn't quite materialise, move on! There are endless opportunities in the market.
Risk - 1%
Target - 3.5%
Order cancelled
no position executed. Wasn't a convincing impulse to downside, especially looking at the hourly close. Onto the next :)Note
The predicted move happened over night but great to see the analysis play out nonetheless!
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