XAUUSD 1H bearish structure

5 Jan

Gold turned bearish after breaking structure lows.
Price taken out inducement as form of recent swing high. Creating change of character in 5 min timeframe. Good set up for sell entry with 1:3 RR

5 Jan

Catatan

one can choose to keep previous 15 min swing high as stop loss in order to get better risk and reward

5 Jan

Catatan

Added entry based on SCOB. With higher RR. Check out related Idea

5 Jan

Catatan

30 PIP already. and 20 PIP on other entry. 20 more PIP and we are out 50% and go break even so that its a risk free trade

5 Jan

Catatan

Here we go break even. on both the trades

5 Jan

Catatan

out 50%

5 Jan

Catatan

Good follow up move after break

5 Jan

Catatan

Price could form base between 2040.50 and 2036.30 before proceding towards 2030.50

5 Jan

Catatan

Any aggressive move upside breaking this range (2040.50) would be red flag

5 Jan

Catatan

82 PIP and 70 PIP moved on respective trades. Clossing 80%. No More updates. Call it a day.

5 Jan

Trading ditutup: target tercapai

TATA! BYE BYE! GAYA
Target Hit