Trade for Gold (S3):
- Rising Wedge Breakdown with Exhaustion Gap and Re-Test of Wedge.
- Fell into descending ML Channel with confirmation.
- 2N Frequency SL yields:
2150+ Ticks PT
3.4 R/R
GLHF
- DPT
- Rising Wedge Breakdown with Exhaustion Gap and Re-Test of Wedge.
- Fell into descending ML Channel with confirmation.
- 2N Frequency SL yields:
2150+ Ticks PT
3.4 R/R
GLHF
- DPT
Trade active:
Gold continues its decline:
Trade active:
Price perfectly respecting the frequencies. Trade is synced:
Trade active:
Still perfectly in the channel:
Trade active:
Returned to the downward channel, I'd say corrective move is done and further downside now:
Trade active:
It has a new channel now:
Trade active:
Target HIT:
Re-assessing for EXIT
Re-assessing for EXIT
Trade active:
Continuation is indeed possible.
New ML Channel confirmed.
We move the profit stop down to 2N Frequency above the median line:
New ML Channel confirmed.
We move the profit stop down to 2N Frequency above the median line:
