Market Structure: After hitting the peak at 4160, Gold pushed lower, shifting the short-term structure via CHoCH. However, after sweeping liquidity around 4020 - 4032, price created a bullish CHoCH and followed up with consecutive bullish BOS.
Current State: Price recently reacted off the 4116 resistance/bearish FVG area and is currently pulling back. The short-term bullish momentum remains dominant as the lower bullish FVGs remain intact.
Confluence: SMC Market Structure (CHoCH + BOS), Fair Value Gaps (FVG) aligning with Fibonacci retracement levels (0.5 - 0.618) around 4072 - 4083.
🟢 Scenario 1: BUY (Trend Continuation)
Setup/Reason: Price pulls back to fill the bullish FVG, confluence with Fib 0.5 - 0.618 and the prior BOS level (4083).
Entry Zone: 4075 - 4083
Stop Loss (SL): 4065
🔴 Scenario 2: SELL (Resistance Reaction)
Setup/Reason: Strong rejection at the bearish FVG zone (4116 - 4140) accompanied by lower time-frame (LTF) reversal confirmation.
Entry Zone: 4116 - 4120
Stop Loss (SL): 4128
🚀 Scenario 3: BUY BREAKOUT
Setup/Reason: A clean break above 4116 confirms bullish continuation towards key liquidity pools above.
Optimal Entry: DO NOT buy the break high. Wait for H1 candle close above 4116, then enter on a Pullback/Retest of the broken resistance turned support.
Entry (Retest): 4116 - 4120
Stop Loss (SL): 4105
🔻 Scenario 4: SELL BREAKOUT
Setup/Reason: Price breaks down below key support at 4055, confirming bears taking control.
Optimal Entry: Wait for H1 candle close below 4055, then enter on a Pullback/Retest of the broken level.
Entry (Retest): 4055 - 4058
Stop Loss (SL): 4068
Current State: Price recently reacted off the 4116 resistance/bearish FVG area and is currently pulling back. The short-term bullish momentum remains dominant as the lower bullish FVGs remain intact.
Confluence: SMC Market Structure (CHoCH + BOS), Fair Value Gaps (FVG) aligning with Fibonacci retracement levels (0.5 - 0.618) around 4072 - 4083.
🟢 Scenario 1: BUY (Trend Continuation)
Setup/Reason: Price pulls back to fill the bullish FVG, confluence with Fib 0.5 - 0.618 and the prior BOS level (4083).
Entry Zone: 4075 - 4083
Stop Loss (SL): 4065
🔴 Scenario 2: SELL (Resistance Reaction)
Setup/Reason: Strong rejection at the bearish FVG zone (4116 - 4140) accompanied by lower time-frame (LTF) reversal confirmation.
Entry Zone: 4116 - 4120
Stop Loss (SL): 4128
🚀 Scenario 3: BUY BREAKOUT
Setup/Reason: A clean break above 4116 confirms bullish continuation towards key liquidity pools above.
Optimal Entry: DO NOT buy the break high. Wait for H1 candle close above 4116, then enter on a Pullback/Retest of the broken resistance turned support.
Entry (Retest): 4116 - 4120
Stop Loss (SL): 4105
🔻 Scenario 4: SELL BREAKOUT
Setup/Reason: Price breaks down below key support at 4055, confirming bears taking control.
Optimal Entry: Wait for H1 candle close below 4055, then enter on a Pullback/Retest of the broken level.
Entry (Retest): 4055 - 4058
Stop Loss (SL): 4068
Trade ist aktiv
SIGNAL BUY 4078 +100pips
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.