Main:
Opening Selling Point:1,256.63 $.
Target : 1,247.10 $ Wave iv.
Top/Indicator StopLoss :1,257.89$ $.
R/R Ratio: 7:56
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It is a very short ride, cheap and relatively profitable, but not recommended to be reentered more than 2 times,
If market´s volatility throws you out.
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Note:
The bottom at 1,204.69 $ probed to be strong to unleashed this ongoing Wave A or 1, the expectation for gold is to be higher in the current week at least. It means the upside down scenario for US dollar.
Note
I reopened it at almost the same margins.I won`t do it again if the Sloss is reached once more.
Trade closed manually
Closed at 1,251.76 $.But it still can reached the target.
Note
SummaryOpening Selling Point :1,256.63 $.
Top/Indicator StopLoss :1,257.89$ $. Activated. = -1.26 $/Lot.
Reentered at 1,256.23 $
Closed Manually at 1,251.76 $ = 4.47 $ /Lot.
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3.21 $/lot
Leverage 10:1 32.10$/Lot
Leverage :100:1 320.10$ Lot
Short ride, low profit, but is inside expectations for wave ii, b, x, and for iv.
Trade closed: target reached
Now let s ride the next wave.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.