sciencei

1:6 Risk / Reward on Gold upcoming

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sciencei Güncellendi   
FX_IDC:XAUUSD   Spot Altın/ABD Doları
Guys,

gold may be setting up a flat pattern. It is targeting into the 1295-1310 area. Wait for an impulse to complete along with decreasing momentum!

This results into a tight S/L setup leading to a 1:6 Risk / Reward trade.

We have to be a little patient here to pull the trigger.
Yorum:
The impulse to the downside may be complete right now.
We need to wait for a 5-wave rebound as well as a 3-wave correction of that rebound to trigger the trade.
İşlem aktif:
ok guys, pulling the trigger here. tight s/l at 1301.
İşlem kapandı: durdurma seviyesi:
-0.61%

This is the conservative version of playing this trade. Would reopen if seeing a motive wave bounce followed by a 3-wave pullback.

The contraction support is still working. Hence, an aggressive version is to keep this open / reopen until it gets breached.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.