Looking back:
I mentioned about XAUUSD in my post on 13th Oct. 2018 for week from 15th-19th Oct. 2018 about trailing or moving SL to protect profit.
My SL has triggered automatically with handsome profit.
Weekly Chart:
Bullish candle with rejection of low price @ zone 1217-1227 and high price @ zone 1243-1246
Daily Chart:
Friday closed with a bearish pin bar - rejection of high price @ zone 1243-1246.
Watch out:
1. There might be a retest @ zone 1217-1227
2. Next resistance @ 1243-1246
3. Next resistance @ 1263
Action:
1. Stand aside
2. Waiting for a price action pattern to determine an entry @ zone 1217-1227
3. SL @ 1215 (if we had a filled order)
I mentioned about XAUUSD in my post on 13th Oct. 2018 for week from 15th-19th Oct. 2018 about trailing or moving SL to protect profit.
My SL has triggered automatically with handsome profit.
Weekly Chart:
Bullish candle with rejection of low price @ zone 1217-1227 and high price @ zone 1243-1246
Daily Chart:
Friday closed with a bearish pin bar - rejection of high price @ zone 1243-1246.
Watch out:
1. There might be a retest @ zone 1217-1227
2. Next resistance @ 1243-1246
3. Next resistance @ 1263
Action:
1. Stand aside
2. Waiting for a price action pattern to determine an entry @ zone 1217-1227
3. SL @ 1215 (if we had a filled order)
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.