After a series of bearish structures on 4Hour time frame, which is actually a bullish retracement on higher time frame, Gold has now broke the bearish structure with series of bullish candles which turned the trend from bearish to bullish trend.
After the bullish break of structure, Gold retrace into a fair value price level, formed a swing low plus a bullish price action which further confirmed the bullishness of Gold, which is were I took an entry for a buy long trade.
My target for this trade is for Gold to reach the price level of $3,436 which is a 5.36RR return.
I will be monitoring price and manage my trade accordingly as price move in my direction.
After the bullish break of structure, Gold retrace into a fair value price level, formed a swing low plus a bullish price action which further confirmed the bullishness of Gold, which is were I took an entry for a buy long trade.
My target for this trade is for Gold to reach the price level of $3,436 which is a 5.36RR return.
I will be monitoring price and manage my trade accordingly as price move in my direction.
交易進行
註釋
Trade now in profits.
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。