Long
Built up Bottom on H4 ?
Hey guys..
first of all, if you look at Gold on H4 you clearly can see that there was built up an bottom.
So, we have an possible trend reverse. :))
To this Chart (H1):
We still have trenlines that are showing a down trend, good for us in an upwards trend -> we can use this trendlines as target for our long entries!
Be stopped at our resistance but closed few point above last high from the end of October -> long
I drawed in an possible long entry.
Entry:
- round about 50% retracement of our big movement.
StopLoss:
- Under our Support at 1310.XX
TakeProfit:
- At our resistance from horizontal point of view at 1375.XX and our red trendline!
Happy Trading Bro's <3
first of all, if you look at Gold on H4 you clearly can see that there was built up an bottom.
So, we have an possible trend reverse. :))
To this Chart (H1):
We still have trenlines that are showing a down trend, good for us in an upwards trend -> we can use this trendlines as target for our long entries!
Be stopped at our resistance but closed few point above last high from the end of October -> long
I drawed in an possible long entry.
Entry:
- round about 50% retracement of our big movement.
StopLoss:
- Under our Support at 1310.XX
TakeProfit:
- At our resistance from horizontal point of view at 1375.XX and our red trendline!
Happy Trading Bro's <3
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.