Have taken an impulse sell on gold.
I believe liquidity needs to be grabbed to continue the move up.
I have placed full TP at the nearest 4 hour resistance and stops above current daily high.
Confirmations
1. Daily no top wick
2. Has not re-tested daily support levels ye
3. Hourly no bottom wick
I believe liquidity needs to be grabbed to continue the move up.
I have placed full TP at the nearest 4 hour resistance and stops above current daily high.
Confirmations
1. Daily no top wick
2. Has not re-tested daily support levels ye
3. Hourly no bottom wick
Note
Re-entered at 2388.TP points still the same
Note
Closed at SL point. Recuperated losses + some extra pips.
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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.