Gold Overview Plan 31 Jan
Gold H4 was Double TOP (pattern) and now is DOWNTREND
H1 is ini Bullish rotation
Support (structure) is 1195.5
Support (last wave) is 1188
I recently passed this bullish move and wait for the bearish RESET
now also Rising Wedge on H1 (bearish pattern)
waiting for 1200-1205 for my Kill Zone
Rules of Engagement :
1. wait for swing high with bearish divergences (aggresive)
2. wait for minor support break (conservative)
Plan your Trade, Trade your plan
H1 is ini Bullish rotation
Support (structure) is 1195.5
Support (last wave) is 1188
I recently passed this bullish move and wait for the bearish RESET
now also Rising Wedge on H1 (bearish pattern)
waiting for 1200-1205 for my Kill Zone
Rules of Engagement :
1. wait for swing high with bearish divergences (aggresive)
2. wait for minor support break (conservative)
Plan your Trade, Trade your plan
Note
inside my kill zone right now
so looking for entry reason
minor support break?
Trade active
agresive sell on kill zone (swing high)Note
Minor support 1196,, will add more short on breakoutNote
Trade closed: stop reached
hit STOP 1203,, and reverse entry BUY,, this has become strong bullish
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