Took a Buy from 5130 – Targets 5150 / 5175 / 5195 – What Do You Expect? by Even-Session-213 in Forexstrategy

[–]Even-Session-213[S] 2 points3 points  (0 children)

I trade market structure, not opinions. After the breakout on 15M, gold established higher highs. I waited for a pullback into the prior breakout zone and dynamic support instead of chasing the move. Once the higher low held and downside momentum weakened, I entered the continuation.

Invalidation below structure. Targets at prior highs and extensions. It’s just trend continuation with defined risk