First target hit ( orange rectangle) As Mentioned Erlier (AME) !!!
Waiting for second rectangle to be hit, so far it looks nice for shorts, so You can place a sell order with tight stop above the purple line.
Entry:
Sell Limit area between 1707 - 1710
SL:1711 (TIGHT STOP!)
TP: 1675
R/R: 8:1
Take care,
Seb
Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/gold-xauusd-h4-upadte-tpi.html
No comments:
Post a Comment