XAU

After that great trade in Gold we had claiming over 150 pips, can we catch a move down using this harmonic structure on the 15m timeframe.

Trade active:

$1825

Comment:

stop loss $1833

Comment:

Manually pulled stop back to give it more breathing space

Comment:

Now the original harmonic is now invalid, but Gold has fallen straight into another harmonic structure, if you know your harmonics you will see it, this justifys the stop moving back.

Comment:

I also have now entered a position at $1830 to fit with the current harmonic pattern with targets of $1815 for the first entry and $1810 for the second.

Trade closed: target reached:

$1825 and $1830 down to $1815, I will call $1827.50 the average, So another 125 pips added to my total pip count so far on tradingview, I hope any followers of my posts caught some great pips, with over 270 pips in XAU today over the last two trades, with a win rate of 100%, follow and give me a like!