Gold Spot / U.S. Dollar

Long

Updated

XAUUSD Elliot 12345ABCDE Completion - Half Risk Order

PT: 1366
ENTRY: 1341
SL: 1329

Trade closed manually

Many Closed, possible DXY double bottom bounce in 60chart.

Note

All Trade Closed. Prior Profit = 0.5R/R x half lot size = +0.25 R/R profit.

Trade active

Re-enter Long (Half Risk Lot Size for Metal & CL)
PT2: 1388 (2.8R/R)
PT1: 1372 (1.7R/R)
Entry: 1347
SL: 1333

snapshot

Note

Forgot mention: 50% at TP1, and SL move to BE.

Note

Manual Close. Nett loss = -0.2R/R x half risk = -0.1R/R
Reasoning: entry level not low enough, entry analysis not based on Dchart.

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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.