XAUUSD Bullish Channel Pullback – High RR Continuation Setup Tow
Higher highs + higher lows inside the channel.
Strong impulsive move after the sharp selloff → clear shift in momentum.
Current consolidation is happening above internal support, not breaking structure.
That’s bullish behavior.
🎯 Trade Idea Breakdown
Entry Zone: ~5022
Stop Loss: ~5005
Target: ~5126
RR: Around 1:6+ (very healthy)
Why this makes sense:
Entry sits at channel mid-support + horizontal structure.
Stop below recent support and minor liquidity sweep area.
Target aligns with channel resistance + previous high supply zone.
This is basically a classic:
Break → Pullback → Continuation setup
🚨 What Would Invalidate It?
Clean 15M close below 5005 with strong bearish momentum.
Loss of channel structure (not just a wick, but structural breakdown).
💭 Overall Bias
As long as price holds above that 5005–5010 support pocket, buyers are still in control. This looks like accumulation before another push higher.
If momentum kicks in, that 5120–5130 zone could get tapped fast.
Strong impulsive move after the sharp selloff → clear shift in momentum.
Current consolidation is happening above internal support, not breaking structure.
That’s bullish behavior.
🎯 Trade Idea Breakdown
Entry Zone: ~5022
Stop Loss: ~5005
Target: ~5126
RR: Around 1:6+ (very healthy)
Why this makes sense:
Entry sits at channel mid-support + horizontal structure.
Stop below recent support and minor liquidity sweep area.
Target aligns with channel resistance + previous high supply zone.
This is basically a classic:
Break → Pullback → Continuation setup
🚨 What Would Invalidate It?
Clean 15M close below 5005 with strong bearish momentum.
Loss of channel structure (not just a wick, but structural breakdown).
💭 Overall Bias
As long as price holds above that 5005–5010 support pocket, buyers are still in control. This looks like accumulation before another push higher.
If momentum kicks in, that 5120–5130 zone could get tapped fast.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.