"intraday" Sell XAUUSD-GOLD
Price came very low, and broke straight through a big support which I draw on the 4HR chart.
On the 1HR we see that the price touched the zone and left a nice doji for us.
Entry price should be below the low of the doji. I personally entered earlier, because I searched for another pattern on the 15min (badass).
SL is placed some pips above the doji. We expect that the price is going to test the last low again. And trade with 1% risk. My entry was 1758.13
SL- 1761.90
TP 1718.
On the 1HR we see that the price touched the zone and left a nice doji for us.
Entry price should be below the low of the doji. I personally entered earlier, because I searched for another pattern on the 15min (badass).
SL is placed some pips above the doji. We expect that the price is going to test the last low again. And trade with 1% risk. My entry was 1758.13
SL- 1761.90
TP 1718.
Note
After I watch closer, I choose for 2tp's. TP1 is at 1732.455
Note
SL to BE or/and take half of the profits.Trade closed manually
Closed after this strong rejection.Trade closed: target reached
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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.