Gold Trade Update 💡💰
I’m still holding the same view on gold: it needs to dip before continuing its upward trajectory. This setup is intended as a swing trade, but I’ll be taking multiple quick scalping opportunities along the way.
My Plan: I’ll focus on the bearish 4H Fair Value Gap (FVG), entering the trade as soon as I spot a wick in the 4H chart seeking liquidity from above.
Trade Management:
Take partial profits as soon as we see a decline 📉
Move Stop Loss (SL) to Break Even (BE) after taking the first profit.
Capital at Risk: 2% 💼
Risk/Reward Ratio: 4:09 🔥
Let’s see how this works out! 🧐
I’m still holding the same view on gold: it needs to dip before continuing its upward trajectory. This setup is intended as a swing trade, but I’ll be taking multiple quick scalping opportunities along the way.
My Plan: I’ll focus on the bearish 4H Fair Value Gap (FVG), entering the trade as soon as I spot a wick in the 4H chart seeking liquidity from above.
Trade Management:
Take partial profits as soon as we see a decline 📉
Move Stop Loss (SL) to Break Even (BE) after taking the first profit.
Capital at Risk: 2% 💼
Risk/Reward Ratio: 4:09 🔥
Let’s see how this works out! 🧐
Trade chiuso: stop raggiunto
Very hard gold to fall.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.