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Tuesday, 4 December 2012

Gold XAUUSD H4 Upadte + TPI

 Rationale
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


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