TheForexSamurai

Gold road to 1,700+ USD per ounce long then short?

TVC:GOLD   黄金差价合约(美元/盎司)
Long via CRT on the D1 or W1 and target up to the completion of both bearish pattern bat and shark (confluence) @ 1710.47 USD per ounce (1710.50) and short from there upon confirmation. Short setup SL, Entry and TP as seen in the chart. Caveat!

Abbreviations / Keywords:

LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
LLCC - Lower low, lower close
HHHC - Higher high, higher close
SL - Stop loss
TP - Target Profit
POR - Point of Ruin
RRR - Risk Reward Ratio


Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to lose.

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