Hi everyone. As i stated in my last idea before this one. I trading nothing but the ABCD pattern. Now i have been able to spot a bearish A-B leg on the daily. Price is still currently stalling around the C leg and this has given me an entry. I expect to see Gold loose some of it bullish strength against the USD.
That's all. Simple right???
ABCD pattern is easy to trade with. The key lies in identifying the right A - B leg.
Before i go on and on, let's not forget that there is always a possibility of loosing every single trades we take as traders.
Okay, so let's see how this one goes
That's all. Simple right???
ABCD pattern is easy to trade with. The key lies in identifying the right A - B leg.
Before i go on and on, let's not forget that there is always a possibility of loosing every single trades we take as traders.
Okay, so let's see how this one goes
Trade closed: target reached:
Here i kept it simple and clean. I secured 530 pips on this trade.