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.
הערה
My pre-set alarm got activated. Gold touched the zone. Let's do what we planned before. הערה
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 timeframeהערה
The pullback strategy on 15m works very well! That's why we have trigger to reduce the risks. הערה
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
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
plan your trade and trade your plan
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.