Down Trend continuation on XAUUSD - NOT A TRADE IDEA
This is my idea on the market currently , had a losing trade this morning, then hope in on a 1:3 RR trade that went smooth, and as we are confirming the downtrend continuation we can trend the correction and then go into the continuation from the last FVG on 5min.
I am not taking these trades marked but I want to check if the strategy is working outside of the time frame usually trading on, then let's market up and see how does the market react tho the following key levels
First Key Level was 2454.358 area we saw a good reaction from that Leve
Next Key Leve is 2459.921 area, let's see if it will be touched and if so , market will move into the downtrend direction.
this is my POV on the market 18/7/2024
PS : going today with a +1% , while still on a 2.7% drowdown :D
I am not taking these trades marked but I want to check if the strategy is working outside of the time frame usually trading on, then let's market up and see how does the market react tho the following key levels
First Key Level was 2454.358 area we saw a good reaction from that Leve
Next Key Leve is 2459.921 area, let's see if it will be touched and if so , market will move into the downtrend direction.
this is my POV on the market 18/7/2024
PS : going today with a +1% , while still on a 2.7% drowdown :D
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