xauusd priceaction 1d analyse
Hi,we're taking a short position but why?
because we have a weekly resistance above and we can see that being touched one more time where we can take short from there to next support wich is daily so we have a good risk/reward ratio and of course a strong area above
about stop loss we want it to be close to our trade but still not risky to get stop huneted
i tried to share this idea with some tips guys
enjoy.
because we have a weekly resistance above and we can see that being touched one more time where we can take short from there to next support wich is daily so we have a good risk/reward ratio and of course a strong area above
about stop loss we want it to be close to our trade but still not risky to get stop huneted
i tried to share this idea with some tips guys
enjoy.
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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.