This is a trade idea for today.
The logic is the market traded down and trapped some traders on the short side.
So going long is ideal at this point.
If the setup fails then I will put double risk and go on the short side as it will be an extremely strong sell signal.
XAUUSD
The logic is the market traded down and trapped some traders on the short side.
So going long is ideal at this point.
If the setup fails then I will put double risk and go on the short side as it will be an extremely strong sell signal.
XAUUSDTrade closed manually
Taking some profit off the table. Closing 0.25RNote
Updating stop loss to -0.5RNote
Taking take profit off. Will close 0.5R at Take profit level and let 0.25R ride alongNote
Price reached the tp and closed 0.5R and leaving 0.25R on the table
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.