Trader_Joe_Lee

XAUUSD Harmonic patterns both sided strategy

Trader_Joe_Lee Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
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.

Comment:
a nice little 30min shooting star break-even trade~

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