XAUUSD W Short JUL 15 2024
1. Reaching key resistance at 2418
2. 1h candle at 7am closed wick relatively long top-wick suggesting struggle to continue trading higher
3. 1h Break of previous high and then traded into candle open
4. 30m candle closed under resistance, creating a fake-out
5. Break & retest of wick on 8:30 candle
Entry: entered on 8:30 candle break of low
Counter-trend trading meant that I aim to secure tight target.
2. 1h candle at 7am closed wick relatively long top-wick suggesting struggle to continue trading higher
3. 1h Break of previous high and then traded into candle open
4. 30m candle closed under resistance, creating a fake-out
5. Break & retest of wick on 8:30 candle
Entry: entered on 8:30 candle break of low
Counter-trend trading meant that I aim to secure tight target.
Hold nothing sacred in search of truth
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