akhil1206

9 straight green 10th red.. HOW much can u hold GOLDY

Short
196 views
3
We had a significant parabolic rally in comex gold from 1820 level and made an all time high of 1981.. during the entire move time we made a continous 9 green candle followed by red on the 10th day.

Now if we get such continous green or red candles on any time frame, its generally due fr a correction,, if we doesnt get on 10th look fr 12th candle..

Tat being said we are putting a limit sell order below the 10th day candle at 1938. Stop at 1970 althogh gold in such a bullish mood such niche stop loss is also debatable.

Tgt 1 .1906 Tgt 2 1870 ... if we hit our T1..move the stop to cost.




Order cancelled: 1938 didnt hit.. but the intended Stop loss fr 1938 was hit... so no trade active...

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out