8 Years Trading Experience
Stocks | Crypto | Commodities
Real analysis. Smart risk management. No hype.
Building Traders, Not Followers.
(x)- @cryptocove4
As you can see $S got a huge rejection from down trend resistance, so I am expecting it will touch down support line, so I have opened a short with a tight SL
If $S got a rejection from this resistance, it will touch down support line... When it touches down support line, then I will open Long again...... that will be a perfect entry if $S touch .385 level...
Right now $S is at resistance it can drop from here... But if it breaks it's resistance it will pump hard... That's why I am holding but my SL at entry... If you wanna stay safe close your position....
$XAU after a dump, it came back again at my entry zon,e that's a bad sign.... There is a high chance it can hit my SL... But I was in huge profit more than 38% still I am holding you know why? because we need big profit, otherwise we can't survive in this risky market... That's why my setup is low risky with massive profit setup...
I will hold until it hits my SL because, according to my analysis, gold need to go down side