I have entered the GC short trade. Please refer to my prior chart regarding this (see link below). My trigger has fired as break below the diamond and point of control has happened. Albeit, on a smaller time frame than my usual 4 hour. So, did I jump the gun? Perhaps, but I took this risk because all I see short at the moment. You can see my risk reward, and possible secondary target to 1700 in red.
I believe this is as strong short so I have risked a little more than usual with the caveat that I will end the trade early if it does reverse.
I believe this is as strong short so I have risked a little more than usual with the caveat that I will end the trade early if it does reverse.
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not sure why I put my target where I did. but I have adjusted it. Must been brain freeze!
