tntsunrise

Gold Approach 0.382 and important Resistance

Short
tntsunrise Aktualisiert   
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold Approach 0.382 and important Resistance
AB=CD complete at 1235
0.382 retracement at 1238.41
Previous Structure aslo at same level.
Therefore we can short gold at this level
If price action is bearish.
Look for Pin bar , inside bar break down and Engulfing
Candles
TP1: 1208
TP2: 1195
Kommentar:
Price is coming to our zone
wait for price action first.
Kommentar:
Repeat: Don't enter any short now. Just Observe First.
Kommentar:
Wait for this 4h candle close to confirm a bearish engulfing
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If this candle can't break new high, we can go short
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Nice!
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Now is 1214, nice 200 pips profit!
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Now we can short Gold one more time based on this Inside Bar
Kommentar:
Gold Failed to break 0.618
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Our short from 1328 made money again
Kommentar:
The Inside Bar has reached 1:1 RR ratio, we can close half profit of this position
Kommentar:
Nice Fall! Now is 1212!
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1207, +300 pips
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This is a very good example of structure + AB=CD + Fib
We don't need to guess the market, but we simpley trade them!
Big win or small loss comes as the result
Kommentar:
1203 nice fall
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Get ready to sell the 0.618 pull back again
Order storniert:
GOOD NEWS, its' getting the 0.618 level
Kommentar:
OK, 0.618 touched.
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BRAVO! Nice fall from 1227.97
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Daily Inside Bar break down and potential AB=CD
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Live Webinar for this week : 2018.11.27 zoom.us/j/9964461854
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WOW! Nice profit again:

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