Why I think AU Will Continue to Sell
Hey Rich Friends,
I think AU will continue to sell. Here is what I am looking at.
The market has already tapped into the supply zone. It may retest around 0.64450 or higher.
- Candles have crossed below the 50 EMA.
- MOM is below 0
- STOCH is facing down, the orange line is above the blue line but the lines have not crossed below 50.
Waiting for these things to enter:
- STOCH to cross below 50
- Candles to close below 200 EMA
I have a market execution order and a sell limit in the supply zone. 40 pip SL and 40 pip TP.
- Peace and Profits, Cha
I think AU will continue to sell. Here is what I am looking at.
The market has already tapped into the supply zone. It may retest around 0.64450 or higher.
- Candles have crossed below the 50 EMA.
- MOM is below 0
- STOCH is facing down, the orange line is above the blue line but the lines have not crossed below 50.
Waiting for these things to enter:
- STOCH to cross below 50
- Candles to close below 200 EMA
I have a market execution order and a sell limit in the supply zone. 40 pip SL and 40 pip TP.
- Peace and Profits, Cha
Dagangan ditutup: hentian tercapai
Nota
My SL was hit but I should have just watched the trade and it moved it a little higher. It actually did reverse and hit my TP 1 ! I hope some of you were able to secure some profits with this trade idea,Dagangan ditutup: sasaran tercapai
TP 1Nota
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.