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This time situation is like this. Lets see...
Last time we have LHs on H1 this happened. 3th touch of trend line was trigger.
Sell: 2662 SL: 2675 TP: 2635
LHs and trend line touch on H1. Lets test 2620-2630.
SL of your SELLs?
No 5 min close below high of the range for now. Good for my BUY.
I'm in. Lets see...
Price at high of the 5 min open range. Lets see reaction.
If this touch happened, is it still valid?
This is pattern I follow and found it profitable. When "we" think price broke support, it reverse and goes other way. Vice versa for resistance.
SL to BE.
LONG 2625.20, SL 2623.50, TP 2630.50
Wrong numbers... EDIT LONG 2626, SL 2623, TP was open. Moved SL to BE and trade is closed at BE. Sorry for mistake.
Another touch of H1 trend line.
Moved SL to BE.
I'm LONG from 2600, SL 2300. Where to put TP?
Thank you. What is your view on gold?
Hey, can this be a daily hanging man? So first UP and then DOWN?
What was the reason to enter again at this level?