Final Bearish Structure Idea - XAUUSD Descending Wedge 2H
Risk Management is Key.
Target 1701.22
Traps today had a great run towards 1737 Zone.
1740 is our resistance, but we also have a massive Bearish ENgulfing candle trumping all candles on the screen.
Price action is certainly for the bulls but i find my R:R ratio to be good from this zone.
Sure everyone want 1757 - 1760's but the market is King.
im not certain but heading towards this idea.
I have Sells entered @ 1737.75, SL just above 1745.05
Trade Safe & Good Luck All.
I Found todays squeeze revealed what type of enviorment we will be heading into towards march enviorment.
Target 1701.22
Traps today had a great run towards 1737 Zone.
1740 is our resistance, but we also have a massive Bearish ENgulfing candle trumping all candles on the screen.
Price action is certainly for the bulls but i find my R:R ratio to be good from this zone.
Sure everyone want 1757 - 1760's but the market is King.
im not certain but heading towards this idea.
I have Sells entered @ 1737.75, SL just above 1745.05
Trade Safe & Good Luck All.
I Found todays squeeze revealed what type of enviorment we will be heading into towards march enviorment.
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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.