XAUUSD Short Bias
Hello traders!
An interesting idea here. I am looking to short gold mainly because historically May is a bearish month for gold.
One thing we can also expect is a potential shooting star first to take out the liquidity above and short term sell orders..
I will be taking this trade from a confirmation entry. However, the setup shown presents a very nice R:R - considering gold is at high curve on HTF...
Let's see!
Trade safe! Hope you have a great week ahead! :)
An interesting idea here. I am looking to short gold mainly because historically May is a bearish month for gold.
One thing we can also expect is a potential shooting star first to take out the liquidity above and short term sell orders..
I will be taking this trade from a confirmation entry. However, the setup shown presents a very nice R:R - considering gold is at high curve on HTF...
Let's see!
Trade safe! Hope you have a great week ahead! :)
הערה
No confirmation given, therefore did not short of course. We wait for the next trade.. I will step away from Gold for now as there are no clear supply zones to short.
We can wait for a shooting star, but price action for me is not enough.
Let's wait and see.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.