GOLD – SPOT: Selling On Retracement Higher To Within The Range Of Bearish Multi-Bar Fakey Setup
Price Action: Price formed a small Bullish Tailed Bar Signal late last week (We are not considering trading this signal).
The exploded lower from the Bearish Multi-Bar Fakey Setup that had triggered early last week (Price just tickled above this Setup, before collapsing back down), (We suggested selling on a breakdown of this setup in the Sep 12, weekly newsletter and hopefully, some traders got on board).
Potential Trade Idea: We are considering selling on retracement higher to within the range of the most recent Bearish Multi-Bar Fakey Setup that had triggered early last week.
Price Action: Price formed a small Bullish Tailed Bar Signal late last week (We are not considering trading this signal).
The exploded lower from the Bearish Multi-Bar Fakey Setup that had triggered early last week (Price just tickled above this Setup, before collapsing back down), (We suggested selling on a breakdown of this setup in the Sep 12, weekly newsletter and hopefully, some traders got on board).
Potential Trade Idea: We are considering selling on retracement higher to within the range of the most recent Bearish Multi-Bar Fakey Setup that had triggered early last week.
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.