XAUUSD SHORT
on the monthly price got rejected three times from the same supply and demand zone, also made a new structure lower low and retraced to the broken zone so i was expecting a bearish move from the price.
on the daily we had a bearish trend and after the price broke the structure i was looking for a retest to it, the momentum was also pretty much strong
on the 4h price gave me a shotting star rejection then i waited for a more confirmation candlestick which it was the engulfing candle that made a new lower low.
on the 1h i had an engulfing candle as my entry.
sl above previous structure
tp on th enext daily s/r zone
on the daily we had a bearish trend and after the price broke the structure i was looking for a retest to it, the momentum was also pretty much strong
on the 4h price gave me a shotting star rejection then i waited for a more confirmation candlestick which it was the engulfing candle that made a new lower low.
on the 1h i had an engulfing candle as my entry.
sl above previous structure
tp on th enext daily s/r zone
Trade fermée: ordre d’arrêt atteint
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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.