Oro / Dollaro
Short
Aggiornato

Bearish 78.6% Retracement

848
Trading Plan

  • Visual interpretation of Fibonacci retracement plotted as ABC on chart
  • A price movement of 61.8% in direction of A to B projected from C
  • Pending limit order at 23.6% in direction of A to B projected from C


Trade Management

StopLoss: C
TakeProfit: 1.618 of AB projected from C

Good luck to everyone trading gold!
Trade attivo
Sell limit pending
Trade attivo
Sell limit filled
Trade chiuso: stop raggiunto
-1%
Nota
Closing 33% at the .618 level would mitigate risk to roughly 16% of initial position.

In this case, the loss of the trade had been only .16% compared to the initial 1% risk.

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