XAUUSD LONG - ASIA SESSION - 1:3RR & 1:9RR
מעודכן
Good Morning Asia
Price is currently in a daily accumulation range with a purge of the range high signalling a bearish towards the range low. This makes my predominant bias on the daily bearish.
https://www.tradingview.com/x/JK2o7cjp/
As it’s the start of the week, I'm anticipating a continuation of Fridays move. This morning's setup is framed on the H1 timeframe. Price is still within a bullish cycle on this timeframe until we see price trade above 2347.35.
https://www.tradingview.com/x/4Pe7kTQt/
Price has now traded within the 15mins equilibrium range where I'm interested in going long, anticipating a bullish continuation towards 2347.35. There is a possibility price could retest the day open price so my SL would go below this level.
There are two targets one could aim for this this setup. The first target is our H1 Buyside target at 2347.35. The second is to anticipate a more sustained correction towards the relative EQH at 2369.80 which is confluent with the 800EMA.
Happy Trading
Price is currently in a daily accumulation range with a purge of the range high signalling a bearish towards the range low. This makes my predominant bias on the daily bearish.
https://www.tradingview.com/x/JK2o7cjp/
As it’s the start of the week, I'm anticipating a continuation of Fridays move. This morning's setup is framed on the H1 timeframe. Price is still within a bullish cycle on this timeframe until we see price trade above 2347.35.
https://www.tradingview.com/x/4Pe7kTQt/
Price has now traded within the 15mins equilibrium range where I'm interested in going long, anticipating a bullish continuation towards 2347.35. There is a possibility price could retest the day open price so my SL would go below this level.
There are two targets one could aim for this this setup. The first target is our H1 Buyside target at 2347.35. The second is to anticipate a more sustained correction towards the relative EQH at 2369.80 which is confluent with the 800EMA.
Happy Trading
עסקה פעילה
כתב ויתור
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