asferruzzi

Gold stalling, potential breakout

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FX:XAUUSD   Emas Semerta / Dolar A.S.
5
An inside bar has formed on the one hour time frame indicating a pause in the recent downtrend. Volume is also decreasing further adding confluence that the price has paused. Both these factors can indicate price will move quickly as either a reversal or continuation of the downtrend. I am biased to both directions therefore placing trades in both directions. If one order is triggered I will leave the other order active in case a fakey breakout occurs and prices move the other direction.
Dagangan ditutup: sasaran tercapai:
target reached, long trade closed. Short order has been cancelled.
Penafian

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