XAUUSD 1st Trade (Short) into 2nd Trade (Long)

7 ene

Price has been consolidating over the last couple days and there is currently a balanced perspective between buyers and sellers

However there was a large responsive tail created by Buyers on Friday and I would like to see this area somewhat revisited as I believe this may be a sign other timeframe buyers.

As a result I am looking for a short trade tomorrow from 2051.50 to 2041.50

I will close half of the trade at 50% (5 points) and the rest at the TP (10 points)



I will then be looking for a buy trade once price reaches 2032 as I believe that Buyers may be trying to seek control to resume the longer term up trend

However please note the buy trade will not be a limit order as there is a potential price could run sell stops under the large wick created

8 ene

Comentarios

Short Trade Limit Order will be deleted as price has run the idea

However we may still see some resistance at 2051

8 ene

Comentarios

Buy Trade has also been opened in respect to the Idea Posted

Entry 2032

8 ene

Operación cerrada: precio stop alcanzado

Buy Trade Loser

8 ene

Comentarios

Sell Limit Re-Entered