XAUUSD Harmonic patterns both sided strategy
Updated
To start with, yesterday was an inside day and it hasn't broken either side yet.
In a choppy market, harmonic patterns can provide several "buy low sell high" strategies.
In a intra-day trading mindset, my idea is to wait for reversal sign @ 1281.5 to short, and reversal sign near 1273.5 to long.
Again, the markets are never wrong but the opinions are. So I don't have specific preference on which way it will go.
My idea is to have multiple strategies to deal with different kind of price movement.
In a choppy market, harmonic patterns can provide several "buy low sell high" strategies.
In a intra-day trading mindset, my idea is to wait for reversal sign @ 1281.5 to short, and reversal sign near 1273.5 to long.
Again, the markets are never wrong but the opinions are. So I don't have specific preference on which way it will go.
My idea is to have multiple strategies to deal with different kind of price movement.
Note
a nice little 30min shooting star break-even trade~
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