XAUUSD Short Setup: Bearish FVG in 4H TF Targeting Bullish OB
Hello Traders!
Here’s a potential short setup for XAUUSD based on key price action zones and multi-timeframe analysis:
4H Time Frame Insight:
The price is currently approaching a significant bearish imbalance at the 2673 level. This zone serves as a possible resistance, offering a high-probability area to look for short entries.
1H Time Frame Insight:
Just above the bearish imbalance lies a bearish order block, which strengthens the case for a rejection near this level. This area may act as a liquidity zone where institutional sellers step in.
Target Objective:
The short setup targets the next bullish order block in the 1H time frame, serving as a logical support area for price to retrace. This aligns with the theory of price seeking equilibrium within its structure.
Trade Plan:
Entry Zone: 2673, aligning with the bearish imbalance.
Stop Loss: Just above the bearish order block in the 1H time frame for added safety.
Take Profit: The next bullish order block in the 1H time frame, ensuring a favorable risk-to-reward ratio.
Keep an eye on the price action near 2673 for rejection signs such as wicks, bearish engulfing candles, or other confirmation signals before entering. Always manage your risk wisely and adjust your plan if market conditions change.
Good luck, and trade safe!
What do you think about this setup? Let me know in the comments!
Here’s a potential short setup for XAUUSD based on key price action zones and multi-timeframe analysis:
4H Time Frame Insight:
The price is currently approaching a significant bearish imbalance at the 2673 level. This zone serves as a possible resistance, offering a high-probability area to look for short entries.
1H Time Frame Insight:
Just above the bearish imbalance lies a bearish order block, which strengthens the case for a rejection near this level. This area may act as a liquidity zone where institutional sellers step in.
Target Objective:
The short setup targets the next bullish order block in the 1H time frame, serving as a logical support area for price to retrace. This aligns with the theory of price seeking equilibrium within its structure.
Trade Plan:
Entry Zone: 2673, aligning with the bearish imbalance.
Stop Loss: Just above the bearish order block in the 1H time frame for added safety.
Take Profit: The next bullish order block in the 1H time frame, ensuring a favorable risk-to-reward ratio.
Keep an eye on the price action near 2673 for rejection signs such as wicks, bearish engulfing candles, or other confirmation signals before entering. Always manage your risk wisely and adjust your plan if market conditions change.
Good luck, and trade safe!
What do you think about this setup? Let me know in the comments!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.