NathannNFTEE
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NathannNFTEE
BTC Long Bounced off previous resistance, classic set up, had this order for ages and only now just realised it got filled
NathannNFTEE
Price was battling to break out from upper part of parallel channel. Entry on break of upper part of parallel channel.
NathannNFTEE
Short entry on break of lower timeframe support line. Return to higher time frame support.
NathannNFTEE
Trade 6 –XAU/USDAsset broke through resistance and formed a new resistance earlier , the idea of the trade is to get an entry for long at the retest of previous resistance which will act like support. Take profit would be at the current high and stop loss would be just under the previous resistance. Trade would be invalid if pullback entry does not occur.Entry – 3,056Stoploss – 3,050 (-0.17%)Take Profit – 3,085 (+0.97%)RR: 5.5
NathannNFTEE
Asset pull back to previous resistance , stop loss just underneath prev resistance.
NathannNFTEE
Trade 5 – XAU/USDAsset broke through resistance and hit local previous high , it already wicked to previous resistance proving it’s support level , I believe that it could form a range here , as the local high being top of the range and the previous resistance becoming support as the bottom of the range. Trade would be invalid if it does not stop at the local high and continues upwards , making the trade and potential range invalid.Entry – 3,034Stoploss – 3,025 (-0.29%)Take Profit – 3,054 (+0.68%)RR: 2.3Result:
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