Gold Futures
看空

Gold mcx 93900 and 96200 range either side will give movement

215
How to take trades using Harmonic pattern projection Trade setup is explained below :-

Entry : 1st SL point : 0% is recent top or bottom.

Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range


Targets :

Target T1 : 36.1% to 38.3%

Target T3 : 49.1% to 52.5%

T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again

Target T4 : 76.4% to 79.7%

Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%.



How to take reversal trade :

If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ).
Trailing SL:

After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)

Re- Entry :
For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) .




Blue Line is 1st support/ Resistance

Green line is 2nd support/ resistance

Red line is 3rd Support/ resistance

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。