MGC1! Short Setup - Micro Gold Futures Short (Short Term Trade)

已更新
Trade Setup: Continuation to a range fill
Entry Setup: Previous low breakout OR flip depends on how steep the top wick is.
Entry Price: not filled yet
SL: 2757.2 (previous 4H high)
TP: 2729.2 (next major support level)
SL TO B/E: Moving SL to breakeven when price will tap 2734 as it is a minor support.


Look like price is going to mirror the move from 21 October.

Just got 4H Closure bearish after rejected from 2752-2757 level.

Last time price was rejected there he tapped 2729.2.

We finished high impact news for today.

I`m waiting for next 1H open to create top wick tap 2745-2746 then ill take the flip or the previous 1H lows breakout as a sell stop.


Did not submitted trade yet, waiting for next 1H open to provide the entry setup.
交易進行
Order Submitted - entry on 1H flip

Entry Price: 2746.4
評論
when price will break 2744.9 ill move SL to breakeven and let the trade run
交易結束:達到停損點
breakeven hits
評論
The mistake i made is that i have entered against my Analysis, as i have entered before price closed bellow the level.

You can see that after price closed bellow, price continue exactly like analyzed.
goldfuturesSupport and Resistance

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