TP hit. The idea played out beautifully. I did not proactively manage this trade, I left the trade open to hit target.
I am seeing continued selling pressure on Gold, taking into account that we have broken a critical zone, retested and rejected it. The momentum is clearly bearish at the moment. LET'S GO MY PRECIOUS...
Price has broken below my critical zone following intraday bearish momentum. This setup is in my trading plan and my entry criteria was met on the 1H time frame, confirming entry for bearish continuation.
Price took me out at breakeven after breaking structure at 1.21533 and allowing me to move stops to my entry point.
Aggressive entry according to my strategy. Price broke, retested and continued bullish off the critical zone. Price has come back to the critical once more and has printed my entry criteria confirming entry in line with the intraweek momentum.