XAUUSD Failed Break Down
So as of right now we just saw a drop to 1636.897 but it could not close under so i think we can go a little higher i moved my sl to 1645
So since we couldnt break down and close under the monthly .236 which is 1639.897 i think we will go up to 1643.099 and i will re enter with half my position and the other half if it does hit 1643.953
The .236 lvl of 1643.953 would be a strong resistance because it is on the monthly time frame and rn we are in a natural zone so either we get call on the bottom or puts at the top nothing in between if you scroll right on my chart i have it colored for you guys
And actually the lvl 1636.897 is on my 2 week inside bar it still works but its not as strong as the monthly
Will keep you updated
So since we couldnt break down and close under the monthly .236 which is 1639.897 i think we will go up to 1643.099 and i will re enter with half my position and the other half if it does hit 1643.953
The .236 lvl of 1643.953 would be a strong resistance because it is on the monthly time frame and rn we are in a natural zone so either we get call on the bottom or puts at the top nothing in between if you scroll right on my chart i have it colored for you guys
And actually the lvl 1636.897 is on my 2 week inside bar it still works but its not as strong as the monthly
Will keep you updated
Nota
i am still in my put position as of 1640.133 cause this hourly candle is forming into a inside bar ( consolidation candle) and it can break down and the 30 min can close under the mvwap and vwap and thatll be a clear signal to add more into my putsNota
here she comesNota
im in
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.