First of the many trade journal entries to keep me grounded. A way to measure the profitability of my setups.
NEM:
Price had pullback to retest its previous breakout level around $62.20 and is testing the lows that generated the momentum for the breakout ( support and resistance).
The whole bullish momentum retraced to the 76.4% retracement level. May indicate a proper support zone for the coming days (Fib), where
GOLD is still holding its bullish momentum.
S/L was kept relatively tight, inside the previous channel. A price test of 54.19 would still support the buy trade as long as this level holds; T/P @ 1.272 Fib. ext.
NEM: Price had pullback to retest its previous breakout level around $62.20 and is testing the lows that generated the momentum for the breakout ( support and resistance).
The whole bullish momentum retraced to the 76.4% retracement level. May indicate a proper support zone for the coming days (Fib), where
GOLD is still holding its bullish momentum.S/L was kept relatively tight, inside the previous channel. A price test of 54.19 would still support the buy trade as long as this level holds; T/P @ 1.272 Fib. ext.
Dagangan ditutup: hentian tercapai
S/L hit. Bearish sentiment is too strong, but trading at support trend line. Could be a good area to re-enter the buy trade, but not yet. Will be watching this zone.
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.