Looking for price to sell down into the 5/15/30m B FVG (fair value gap) and then buy back up to a minimum of Friday's High (2022.60). Will have to see what price does at market open tomorrow
Trade closed: stop reached:
Sooo apparently my SL was too tight because the limit activated and hit SL within 17 minutes. I was sleeping so I don't know if the spread opened up OR if price just wicked the SL. 2002.57 is where price went and my SL was 2002.60
I had a 5m limit that also activated and hit SL, BUT it would've hit the TP on the 5m entry where at the time of this post the TP for my 30m entry has not been hit and price appears to be continuing to drop at this time.
Price is still playing within a 4H zone + bouncing around between a 4H FVG and D FVG zone. So there is definitely some consolidation going on with Gold right now #20230513Gold30mComplete
I had a 5m limit that also activated and hit SL, BUT it would've hit the TP on the 5m entry where at the time of this post the TP for my 30m entry has not been hit and price appears to be continuing to drop at this time.
Price is still playing within a 4H zone + bouncing around between a 4H FVG and D FVG zone. So there is definitely some consolidation going on with Gold right now #20230513Gold30mComplete