ASCENDING CHANNEL PATTERN IN GOLD

I'm monitoring this pattern closely for a break of the support. once it breaks and retest the support, i will enter a sell trade and scale it down to my target.

Handel aktiv:

Price is now breaking the support . lets wait for a retest or a confirmation to enter our shorts.

Handel aktiv:

Im in a short position of 2 lot size. i will scale this down as price goes lower.

Handel aktiv:

Looks like another retest to the resistance. lets keep monitoring our trade and have stop loss in place.

Kommentera:

i managed to book some profits with trailing stop

Handel aktiv:

That was a big stop hunt. im opening another sell trade

Trade stängt: målet nått:

interest rate news yesterday made trading choppy with small profit