Gold trading idea today, low risk scalping with high RR, Dec 14
Did you analysis Gold chart ?
Here's a Gold trading idea today, Dec 14.
I'm often analysis Gold based Wyckoff in forex trading, ReadTheMarket's price action approach and OTL strategy.
Now, we had a distribution scheme in m15 time frame.
And, you could see fake-outs on above chart. There're 3 reaction of price when it was tried comeback Supply zone.
I'd like to see price make a movement to FTB area (First time back to Supply zone).
Wait for confirmation to minimize risk.
Do you like this gold trading idea?
If you find the article useful and interesting, please leave a comment !
------------------------------------------
Attention about this Gold analysis
React to price action based on specific trading plans, rather than predictions.
This is my personal idea and analysis, please just see it as an example for reference.
You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex.
This is a free blog sharing trading ideas.
Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis .
Happy Trading !
Here's a Gold trading idea today, Dec 14.
I'm often analysis Gold based Wyckoff in forex trading, ReadTheMarket's price action approach and OTL strategy.
Now, we had a distribution scheme in m15 time frame.
And, you could see fake-outs on above chart. There're 3 reaction of price when it was tried comeback Supply zone.
I'd like to see price make a movement to FTB area (First time back to Supply zone).
Wait for confirmation to minimize risk.
Do you like this gold trading idea?
If you find the article useful and interesting, please leave a comment !
------------------------------------------
Attention about this Gold analysis
React to price action based on specific trading plans, rather than predictions.
This is my personal idea and analysis, please just see it as an example for reference.
You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex.
This is a free blog sharing trading ideas.
Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis .
Happy Trading !
Trading View don't allow post small TF chart so i hope you understand that.
Thank you for support my blog !