Gold Short Idea 4h Timeframe.
Heavy 4H Bearish Engulfing candles printed, large bearish volume and presence which indicates further bearish momentum, with some healthy retracements along the way.
Entry: 1803.40
Stop Loss 1806.20.
Targetting 1775 areas, taking partial profits along the way.
14 Risk to Reward ratio
Not much to lose, a lot to gain.
Heavy 4H Bearish Engulfing candles printed, large bearish volume and presence which indicates further bearish momentum, with some healthy retracements along the way.
Entry: 1803.40
Stop Loss 1806.20.
Targetting 1775 areas, taking partial profits along the way.
14 Risk to Reward ratio
Not much to lose, a lot to gain.