XAUUSD - 15m - Riding the downtrend?

14 Nis 2016

simple trendsetup. selling pullback in downtrend. here we have also further confirmation due to the breakout of the minor trendline in the pullback (check updates for better view)

conservative stop: above recent swing high.
aggressiv stop: above the highs of recent pullback

14 Nis 2016

Not

here a little more zoomed in view

14 Nis 2016

Not

if we cant make it up there, i will also be lookign to just sell the breakout of the current consolidation

14 Nis 2016

Not

14 Nis 2016

Not

worked out quite nicely. some nice profits today. now let see if we can break the channel