Reasons for Entry XAUUSD 🔱
Sell 2852 - 2855
• Compressed Bull candles
• Impulse Bearish movement
• Resistance TL
After going for Buys earlier and seeing that price dropped with strong pressure, I decided to counter with shorts as price retraced to the upside. First short setup went well touching all our TP levels.
With that, I wanted to follow up with a continuation trade however Bulls came back alive and started pushing price up after 3 days of Bearish movement.
Not a good feeling to be on the other side of the trade but this is the game and we must face the risks to reap the rewards. Last US Session for the week with multiple high impact news on the board.
Let’s do our best to end the week on a high note!🤲
Sell 2852 - 2855
• Compressed Bull candles
• Impulse Bearish movement
• Resistance TL
After going for Buys earlier and seeing that price dropped with strong pressure, I decided to counter with shorts as price retraced to the upside. First short setup went well touching all our TP levels.
With that, I wanted to follow up with a continuation trade however Bulls came back alive and started pushing price up after 3 days of Bearish movement.
Not a good feeling to be on the other side of the trade but this is the game and we must face the risks to reap the rewards. Last US Session for the week with multiple high impact news on the board.
Let’s do our best to end the week on a high note!
