Holding XAUUSD Short however being mindful of the psycological support level around 1470.00.
Bearinsh movement with multiple touches on the trend line, rejection of the 71.00 % fib.
Bearinsh movement with multiple touches on the trend line, rejection of the 71.00 % fib.
Comentário:
If this 4HR candle closes below 1470, I will remain bearish and aim for 0.00 fib for first TP.
Trade fechado: stop atingido:
Trade stopped out at 1481 for a small profit. I'll now be keeping an eye on the next 2 4HR candles as a H&S pattern has formed.