Karthiktinku

Good Opportunity to Short Trade XAUUSD in 4 Hr Timeframe.

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Karthiktinku 已更新   
OANDA:XAUUSD   黃金現貨 / 美元
Following ideas help develop a Short Trade Idea in XAUUSD 4 hr Timeframe.

1. Price respecting the upper line of the pitchfork drawn in pivots 0-1-2 (Black Line)
2. Price respecting the support line drawn in pivots 1-4 and extrapolated to pivots 3-5 (Blue Line)
3. Price respecting the inward frequency of proven supply zone at pivot 3 and showcasing strong selling
pressure in the upward wicks of the current candles (Red Line)
4. Bearish Divergence of Price with respect to RSI in pivots 3-5 (Green Arrow)

Entry for Short Trade: 1798

Stop Loss: 1813

Target : 1774

Note: This is for education purpose only. Trade at your own Risk.
評論:
What an accurate short entry @ 1798.

Price now @ 1788. Going.. going and going..:)
交易進行:
S0 far... 1500 PIPS... Wow.. Going. going and going.
評論:
In this Trade, Price almost reached our Target. Our Target was 1774 but price reached 1777, which is 30 pips less of Target. Yet we generated a profit of 2100 PIPS. Awesome.

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