XPTUSD
Trading Bias: Short
Technical Strategy: Head & Shoulders
*Must wait for break & close past neckline. The support channel is of significant interest. If we bounce, then the ideal short scenario is shown using the purple arrows*
Trading Bias: Short
Technical Strategy: Head & Shoulders
*Must wait for break & close past neckline. The support channel is of significant interest. If we bounce, then the ideal short scenario is shown using the purple arrows*
Trade active
Taking some gains here as we approach TP1: 1711 pipsTrade active
Price following the analysis exactly so far. We saw the expected retracement via the purple arrow where price began to fall towards the final target once moreTrade active
Taking some profit here again. Another 1411 pips gain. Total gain running on this trade 3122 pips!
Trade active
This last leg down now running 2489 pipsTrade closed: target reached
Closing trade here for 2137 pips on the additional leg downward. Reason for closing: end of week. Not willing to hold over weekend.
Total gain: 3548 pips on the trade
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.
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.