XAUUSD Short

Dec 9, 2023

This analysis was based on the symmetrical triangle pattern after a long period of order building the market was sideways for too long leaving the candle stick pattern in the triangle pattern which usually has a breakout but since it was New York opening hours and the weekend the movement in the market was so aggressive that the sell was very profitable

Mistakes: the mistake I made on this trade was the lower profit margin that was set i should have anticipated the aggressive movement and should have kept more pips for take profit