XAUUSD - SELLS form 4hr Zone- 08July2021
1. Price tapped into 4hr zone 1816.00 and closed below the zone with a week body (Doji), indicating low bullish momentum.
2. Check for lower hights on 1hr time frame before entering.
3. Entered sells with the start of new 4hr candle and also it was a new 1hr candle.
4. Entry was made once the 1hr candle wicked up and rejected the 4hr zone.
5. Sl was placed at -25pips
Plan:
1. Will secured 75% at 1806 (1hr old resistance ) which is +85 pips
2. SL will be pushed to my entry and will let it run the whole day with TP at ~1800
2. Check for lower hights on 1hr time frame before entering.
3. Entered sells with the start of new 4hr candle and also it was a new 1hr candle.
4. Entry was made once the 1hr candle wicked up and rejected the 4hr zone.
5. Sl was placed at -25pips
Plan:
1. Will secured 75% at 1806 (1hr old resistance ) which is +85 pips
2. SL will be pushed to my entry and will let it run the whole day with TP at ~1800
Comentarios:
Secured 50% was +100pips and the rest was closed at TP.
