ASCENDING CHANNEL PATTERN IN GOLD

Short

Or / Dollar Américain (FOREXCOM:XAUUSD)

Mis à jour

FOREXCOM:XAUUSD Or / Dollar Américain

trendanalysis chartpattern harmonicpatterns xauusdshort xauusd gold goldtrading goldidea

I'm monitoring this pattern closely for a break of the support. once it breaks and retest the support, i will enter a sell trade and scale it down to my target.

Transaction en cours:

Price is now breaking the support . lets wait for a retest or a confirmation to enter our shorts.

Transaction en cours:

Im in a short position of 2 lot size. i will scale this down as price goes lower.

Transaction en cours:

Looks like another retest to the resistance. lets keep monitoring our trade and have stop loss in place.

Commentaire:

i managed to book some profits with trailing stop

Transaction en cours:

That was a big stop hunt. im opening another sell trade

Trade fermée: cible de profit atteinte:

interest rate news yesterday made trading choppy with small profit

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