Hello everyone. The bullish setup of gold is mainly based on momentum on 4H.
I listed the reasons to long on the chart for reference:
1.Uptrend line
2.MA crossover
3.Demand zone
4.Flip
The target is around 1860 which I chose to be in line with the daily chart structure. In my opinion, the selling pressure is high.
In addition, the entry zone is 8 dollars. If you want to lower the risk and increase your profit margin. You can set alarm and triggers by placing market order based on the 15m candle formation.
Give me a like if you're with me!
Stay safe and trade safe.
I listed the reasons to long on the chart for reference:
1.Uptrend line
2.MA crossover
3.Demand zone
4.Flip
The target is around 1860 which I chose to be in line with the daily chart structure. In my opinion, the selling pressure is high.
In addition, the entry zone is 8 dollars. If you want to lower the risk and increase your profit margin. You can set alarm and triggers by placing market order based on the 15m candle formation.
Give me a like if you're with me!
Stay safe and trade safe.
Nota
My pre-set alarm got activated. Gold touched the zone. Let's do what we planned before. Nota
I just caught the reversal on 15m. The retest or pullback would be a good entry for buyers as the trend started to change on smaller timeframeNota
The pullback strategy on 15m works very well! That's why we have trigger to reduce the risks. Nota
Finally, after two more retests, the level has been conquered. The bullish setup has been terminated on 4h
plan your trade and trade your plan
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plan your trade and trade your plan
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.