Still in pitchfork range

16 thg 1, 2017

Looks like a potential double top, with a 4h reversal bar. Short if low of 4h reversal bar breaks.

Short: 1199
S/L: 1210

TP 1: 1185
TP 2: 1150

18 thg 1, 2017

Ghi chú

The 4h reversal bar never broke, instead gold went higher. Gold is still in the pitchfork range, but the 1210 level was supposed to act as a resistence level. I will be waiting for any type of PA before putting my order.

19 thg 1, 2017

Ghi chú

Gold broke its shortterm trendline and re-tested that trendline (16-12-23 to 2017-01-18).

Short: 1197 (when it breaks)
SL: 1207
TP 1: 1185
TP 2: 1165

20 thg 1, 2017

Đóng lệnh: dừng lỗ

Loss 10 pips, could still go down though. Just poor choice of entry and S/L from me.