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Currently selling gold with a tight SL (1831), if i get stopped out i get stopped out but it's a high risk:reward so not bothered. Entered because of the 1830 resistance zone , looks like a head and shoulders pattern is forming. Gonna hold one position down to the bottom zone if i can, will close the other if the profit is satisfactory.
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Currently selling gold with a tight SL (1831), if i get stopped out i get stopped out but it's a high risk:reward so not bothered. Entered because of the 1830 resistance zone , looks like a head and shoulders pattern is forming. Gonna hold one position down to the bottom zone if i can, will close the other if the profit is satisfactory.
Updates to follow, follow me to see them.
Trade active:
I got stopped out because my SL was too tight (price went up to 1832 before dropping) but it dropped regardless. Unfortunately i'm out now but hopefully my setup plays out.
Trade closed: target reached:
Target reached and exceeded!