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XAUUSD L SHORT NY 060221

Price did a 'Hercules' move, breaking below all the wicks and failed attempts on a higher timeframe.
Price didn't play out as planned, managed risk accordingly to reduce total loss

Would've been a better trade opportunity if I waited for the next level to be broken instead of the current one as it would confirm a much stronger momentum and market's willingness to bring price further lower.
Trend AnalysisXAUUSD

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