Good afternoon traders! A slight revision of the trading idea on June 16 :
The initial idea was to work out the pin bar in order to update the monthly stops of sellers:
However, at the European session yesterday, gold falsely updated the local market, breaking out from the levels reached in the last three trading days:
Such a scenario is classified as "uncertainty" in the Price Action strategy. When it appears, it is necessary to close most of the position in the trend. Thus, close 2/3 of long positions and leave 1/3 at the level of 1745.
Good luck in trading and make sure to control the risks!
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