This month we provide two different setups. One on GOLD and one on the Dollar
both our 1 Hour levels for intraday plays. both with a 4:1 risk reward
Update: Dollar played out and we had a very quick entry and profit take for a 4:1 winner. unfortunately the gold wicked through our stop loss, did play out just slightly lower. so a 3% profit risking 1% for this months trades. Subscribe to get more trades like these each and every week.
GOLD
GOLD Setup
Setup on gold is a 1 hour level. waiting for price to retrace. to the level for a reversal of 4:1 .
this trade can also be found on our trading view account
Gold possible retracement for a short term 4:1 trade by DesktraderUK on TradingView.com
This trade wicked through our level for a loss. risking 1% .
Dollar
Setup on the Dollar – this trade can also be found on our trading view account – https://www.tradingview.com/chart/DXY/57ze4uNf-Dollar-Level/
Dollar Level by DesktraderUK on TradingView.com
Nice play here on the dollar, risking 1% the level reversed price very quickly for a 4:1 win ration. giving 4% gains on a 1% risk reward.
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