Potential Entry | XAUUSD | Long
Hello Traders,
If you look closely at my XAUUSD chart, you can see some quick analysis I have drawn up.
The 15m timeframe is bullish, as is also the 1 hour
The 1h is also indicating a consolidation period for this current area, which are are expecting to break out of shortly.
We are currently making LH & HL within the consolidation period.
I have scaled into the chart into the 15m timeframe and found a potential LOB are a buy area.
If price is going to continue to the bullish side, I will expect a bounce from here.
We have a small TP on this as this is the safest way. Even though we have a small TP we can still gain a 6% return on this.
If you look closely at my XAUUSD chart, you can see some quick analysis I have drawn up.
The 15m timeframe is bullish, as is also the 1 hour
The 1h is also indicating a consolidation period for this current area, which are are expecting to break out of shortly.
We are currently making LH & HL within the consolidation period.
I have scaled into the chart into the 15m timeframe and found a potential LOB are a buy area.
If price is going to continue to the bullish side, I will expect a bounce from here.
We have a small TP on this as this is the safest way. Even though we have a small TP we can still gain a 6% return on this.
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.