XAUUSD Short - Fibonnaci S/R + DOW theory + Bearish - Week 06 02
XAUUSD Short position on basis of Support - Resistence levels defined through Fibonnaci in Bearish Trend .
- SL is last LH
- TP1 is placed on basis of 1.01 RR ratio.
- TP2 is immediate support.
- Evening Doji Star on Last LH has been formed, indicating continuation of bearish trend .
- SL is last LH
- TP1 is placed on basis of 1.01 RR ratio.
- TP2 is immediate support.
- Evening Doji Star on Last LH has been formed, indicating continuation of bearish trend .