Why I think AU Will Continue to Sell

19 sept. 2023

Hey Rich Friends,

I think AU will continue to sell. Here is what I am looking at.

The market has already tapped into the supply zone. It may retest around 0.64450 or higher.
- Candles have crossed below the 50 EMA.
- MOM is below 0
- STOCH is facing down, the orange line is above the blue line but the lines have not crossed below 50.

Waiting for these things to enter:
- STOCH to cross below 50
- Candles to close below 200 EMA

I have a market execution order and a sell limit in the supply zone. 40 pip SL and 40 pip TP.

- Peace and Profits, Cha

20 sept. 2023

Trade fermée: ordre d’arrêt atteint

25 sept. 2023

Note

My SL was hit but I should have just watched the trade and it moved it a little higher. It actually did reverse and hit my TP 1 ! I hope some of you were able to secure some profits with this trade idea,

25 sept. 2023

Trade fermée: cible de profit atteinte

TP 1

9 avr. 2024

Note

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