GOLD – SPOT: Selling On Breakdown Of Bearish Inside Bar + Small Pin Bar (Combo Setup)
Price Action: Price formed a Bearish Inside Bar + Small Pin Bar (Combo Setup) overnight.
Price moved lower from within the range of the prior Multiple Inside Bar Breakout that had triggered on Tuesday July 12th (We suggested selling on a retracement higher into the range of this Breakout Pattern in the July 13 members' daily newsletter).
Potential Trade Idea 1: We are considering selling on a breakdown of the current Bearish Inside Bar + Small Pin Bar (Combo Setup)
Potential Trade Idea 2: We are considering waiting to see if the current Bearish Inside Bar + Small Pin Bar (Combo Setup) turns into a Potential Bearish Fakey Setup.
Potential Trade Idea 3: We are considering selling on a retracement higher to within the range of the prior Multiple Inside Bar Breakout that had triggered on Tuesday July 12th.
Price Action: Price formed a Bearish Inside Bar + Small Pin Bar (Combo Setup) overnight.
Price moved lower from within the range of the prior Multiple Inside Bar Breakout that had triggered on Tuesday July 12th (We suggested selling on a retracement higher into the range of this Breakout Pattern in the July 13 members' daily newsletter).
Potential Trade Idea 1: We are considering selling on a breakdown of the current Bearish Inside Bar + Small Pin Bar (Combo Setup)
Potential Trade Idea 2: We are considering waiting to see if the current Bearish Inside Bar + Small Pin Bar (Combo Setup) turns into a Potential Bearish Fakey Setup.
Potential Trade Idea 3: We are considering selling on a retracement higher to within the range of the prior Multiple Inside Bar Breakout that had triggered on Tuesday July 12th.