35 min. before Gold market re-opens, if it gaps down and completes this AB=CD I will go long to close the gap...
It could continue a bit in the same direction after a possible gap, so best to enter manually if confirmed.
Trade setup on chart is just an example, as said I will enter manually and adjust other parameters such as SL and TP if PA tells me otherwise... I will probably not have time to update the idea because these needs to be monitored closely...
Watch out, this can be tricky, immediately trail SL to BE on gap close or you might get burned... Down target on my 4H idea is 1243... (will close all shorts at 1245 or earlier if momentum dries out...).
It could continue a bit in the same direction after a possible gap, so best to enter manually if confirmed.
Trade setup on chart is just an example, as said I will enter manually and adjust other parameters such as SL and TP if PA tells me otherwise... I will probably not have time to update the idea because these needs to be monitored closely...
Watch out, this can be tricky, immediately trail SL to BE on gap close or you might get burned... Down target on my 4H idea is 1243... (will close all shorts at 1245 or earlier if momentum dries out...).
