Here is m y opinion on GOLD On 15 Mins T.F , We have a Good movement , and we have a new upside wave now and we have a good res @ 5170.00 so we can sell Gold from it as scalping and 5035.00 & 5080.00 will be the best places for Buy cuz the price broke it and retest it and give us a good bullish price action , and the main direction still very bullish and any short setup it`s a scalping setup to collect some pips and then continue to the main direction .
The range between 5170.00 to 5080.00 will be the best place for Sell as a scalping and buy as main direction and if we have a 4h closure above 5170.00 we will enter another buy trade to continue this wave to upside And if we have a 4H Closure below 5035.00 we will enter another sell trade , now the price near buying area so we can wait the price to retest the support area one more time and then enter a buy trade and targeting 5170.00 and when the price touch it and give us a good bearish P.A , we can enter a sell trade and targeting 5080.00 , 5035.00 , and also 5120.00 is a very good res it can stop the price to go up and we can sell from it also but i prefer to sell from the high @ 5170.00 It`s All Depend On Price action , if we have a daily closure below our support then the price will go down more and more after huge movement to upside and if we have a daily closure above our res the price will go higher .
Entry Reasons :
1- Highest Level The Price Touch It
2- Broken Res
3- New Support Created .
4- Clear Price Action .
5- Clear Support & Res .
6- Price Range Cleared .
The range between 5170.00 to 5080.00 will be the best place for Sell as a scalping and buy as main direction and if we have a 4h closure above 5170.00 we will enter another buy trade to continue this wave to upside And if we have a 4H Closure below 5035.00 we will enter another sell trade , now the price near buying area so we can wait the price to retest the support area one more time and then enter a buy trade and targeting 5170.00 and when the price touch it and give us a good bearish P.A , we can enter a sell trade and targeting 5080.00 , 5035.00 , and also 5120.00 is a very good res it can stop the price to go up and we can sell from it also but i prefer to sell from the high @ 5170.00 It`s All Depend On Price action , if we have a daily closure below our support then the price will go down more and more after huge movement to upside and if we have a daily closure above our res the price will go higher .
Entry Reasons :
1- Highest Level The Price Touch It
2- Broken Res
3- New Support Created .
4- Clear Price Action .
5- Clear Support & Res .
6- Price Range Cleared .
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
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منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
