Gold H1
Sell Stop 1690.45
SL 1701.50 (Loss 110 Dollar)
TP 1670.75 (profit 197 Dollar)
Reason to sell:
1. Rising wedge H4.
2. Support become resistance area
3. Fibonacci 50 to 61.8 area
Reason to doubt:
1. Strong up trend for D1.
2. No candle stick
3. No strong oscillator signal
If price reached 1715 this sell stop become invalid,.depending on candle formation around Fibo 61.8 I might manually execute sell with tighter SL and bigger TP. It is a strong up trend and we got falling wedge in D1; but I don’t think here is a good buy. Sell more appealing for short term 2-3 days.
Risk to reward 1:2
Disclaimer on
Please use proper money management; may the Pips be with you :)
Sell Stop 1690.45
SL 1701.50 (Loss 110 Dollar)
TP 1670.75 (profit 197 Dollar)
Reason to sell:
1. Rising wedge H4.
2. Support become resistance area
3. Fibonacci 50 to 61.8 area
Reason to doubt:
1. Strong up trend for D1.
2. No candle stick
3. No strong oscillator signal
If price reached 1715 this sell stop become invalid,.depending on candle formation around Fibo 61.8 I might manually execute sell with tighter SL and bigger TP. It is a strong up trend and we got falling wedge in D1; but I don’t think here is a good buy. Sell more appealing for short term 2-3 days.
Risk to reward 1:2
Disclaimer on
Please use proper money management; may the Pips be with you :)
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.
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.