Good Day, We can see in recent times XPT/USD has been trading in a Range.
We are looking at a short setup back to the 970.00 Demand Zone.
Price has successfully Break Close below the 200EMA and Retested with continuation candles short.
This I refer to the BCR + C pattern. The trade setup offer a great RR ratio and with good confluence paired with recent price action
Stop loss just above porevious 30min high
Tp 970 Zone
Any pullback might be a great entry point.
We are looking at a short setup back to the 970.00 Demand Zone.
Price has successfully Break Close below the 200EMA and Retested with continuation candles short.
This I refer to the BCR + C pattern. The trade setup offer a great RR ratio and with good confluence paired with recent price action
Stop loss just above porevious 30min high
Tp 970 Zone
Any pullback might be a great entry point.