Still in pitchfork range

١٦ يناير ٢٠١٧

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

١٨ يناير ٢٠١٧

ملاحظة

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.

١٩ يناير ٢٠١٧

ملاحظة

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

٢٠ يناير ٢٠١٧

أغلقت الصفقة: تم الوصول لوقف الخسارة

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