یہ بھی دیکھیں
26.09.2022 10:50 AM
Two events happened after a rather long sell-off in gold. First is the start of purchases, which may lead to a strong correction in prices.
And since previous movements form a three-wave pattern (ABC), where wave A represents bullish pressure, traders can enter the market by buying up to the 50% retracement level, with stop loss at 1631. Exit the market on the breakdown of 1657 and 1688.
The second event is the sell stop orders left by market makers, which can be used as basis when entering the market using "Stop Hunting" strategy.
In this case, the potential price movement is more than 4,000 pips.
The trading ideas are based on the "Price Action" and "Stop Hunting" methods.
Good luck and have a nice day! Don't forget to control the risks.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
