Gold Forecast 17/02

FX:XAUUSD   黄金/美元
Market Condition: Uptrend
FBO to the Downside
Possible Scenario: Trend Continuation
Long entry at 1218
评论: Trade triggered
评论: Now after the price has confirmed its intention to go higher and now that it has reached the 1:1 Risk:Reward Ratio, It depends on you the strategy that you use in order to manage your position; off course everything is based on your risk tolerance
评论: After the price has given some signals of strength, a possible scenario for the trade management could be to trail the Stop Below the 1214 -16 area (Support Area); this in order to reduce our risk exposure and going in accordance with the price Structure

评论: Trailing Stop

交易结束:到达止损: Based on the new level of trailing Stop the Trade was stopped out, notwithstanding if you took half of the position when the price reached the 1:1 R:R this trae would have finished with a small gain (scratch)
Although we are out of the position the new task is to keep looking for trading opportunities based on the price action
Long Entry active ??
JaimePantoja pathaniasourabh
Yep - Active
pathaniasourabh JaimePantoja
ok boss!
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