This is a smart money concept (SMC) based technical analysis chart for Gold Spot / U.S. Dollar (XAU/USD) on the 1-hour timeframe, showing a bearish market bias.
Key Terms & Annotations:
BOS (Break of Structure): Indicates a bullish breakout in the earlier phase of the market.
$$$ (Liquidity Grab): A sweep of previous highs, used to trap traders before reversing.
OB (Order Block): The last bullish candle before a bearish move; potential supply zone.
CHoCH (Change of Character): A bearish signal showing potential reversal of trend.
EQL (Equal Lows): Liquidity lying below; possible target for price.
FVG (Fair Value Gap): An inefficiency in price, where price may retrace to fill the gap.
📉 Trading Idea Summary:
The price recently showed a Change of Character (CHoCH) and started moving downward, indicating a shift from bullish to bearish.
A bearish order block (OB) and a Fair Value Gap (FVG) zone above current price suggest a potential retracement area before continuing down.
The note on the chart says:
"If the price breaks out with a strong body, then go for short."
Meaning: Wait for price to break below the current support area (EQL) with a strong bearish candle body. If that happens, it's a signal to enter a short (sell) trade.
Target zone is marked near 3,374.285, which is the next liquidity level or demand zone.
Conclusion:
The setup suggests:
Wait for a strong breakout below current support.
If confirmed, enter a short trade targeting lower liquidity levels.
Be cautious if price retraces into the FVG or OB zone, as it may provide another short entry.
Key Terms & Annotations:
BOS (Break of Structure): Indicates a bullish breakout in the earlier phase of the market.
$$$ (Liquidity Grab): A sweep of previous highs, used to trap traders before reversing.
OB (Order Block): The last bullish candle before a bearish move; potential supply zone.
CHoCH (Change of Character): A bearish signal showing potential reversal of trend.
EQL (Equal Lows): Liquidity lying below; possible target for price.
FVG (Fair Value Gap): An inefficiency in price, where price may retrace to fill the gap.
📉 Trading Idea Summary:
The price recently showed a Change of Character (CHoCH) and started moving downward, indicating a shift from bullish to bearish.
A bearish order block (OB) and a Fair Value Gap (FVG) zone above current price suggest a potential retracement area before continuing down.
The note on the chart says:
"If the price breaks out with a strong body, then go for short."
Meaning: Wait for price to break below the current support area (EQL) with a strong bearish candle body. If that happens, it's a signal to enter a short (sell) trade.
Target zone is marked near 3,374.285, which is the next liquidity level or demand zone.
Conclusion:
The setup suggests:
Wait for a strong breakout below current support.
If confirmed, enter a short trade targeting lower liquidity levels.
Be cautious if price retraces into the FVG or OB zone, as it may provide another short entry.
交易結束：目標達成
Nice ONE.
Target done.
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Fed up with random trades and no progress? I drop real setups that make sense — not hype. If you're serious about growing, hop into the Telegram group and let’s build something real.
t.me/+galBMpR4FpNiOGI8
t.me/+galBMpR4FpNiOGI8
相關出版品
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。