Have taken an impulse sell on gold.
I believe liquidity needs to be grabbed to continue the move up.
I have placed full TP at the nearest 4 hour resistance and stops above current daily high.
Confirmations
1. Daily no top wick
2. Has not re-tested daily support levels ye
3. Hourly no bottom wick
I believe liquidity needs to be grabbed to continue the move up.
I have placed full TP at the nearest 4 hour resistance and stops above current daily high.
Confirmations
1. Daily no top wick
2. Has not re-tested daily support levels ye
3. Hourly no bottom wick
Comment:
Closed at SL point. Recuperated losses + some extra pips.
TP points still the same