Gold (XAU/USD) Trade Plan – Breakout or Rejection Setup
This trade is based on price action around a descending trendline and key resistance levels, aiming for a potential breakout or rejection move.
Trade Setup:
Entry Zone: Around 2,919 - 2,923, where price is testing the trendline and resistance area.
Stop Loss: Placed at 2,906 to protect against downside risk if price fails to break resistance.
Take Profit Target: 2,941 - 2,943, aligning with a major resistance level above.
Market Outlook & Strategy:
Bullish Bias: If price breaks the trendline and holds above the resistance zone, it confirms a bullish move toward the take profit zone.
Bearish Risk: If price gets rejected at the trendline, a potential reversal could occur, leading to lower support zones.
Confirmation Needed: A strong bullish candle closing above resistance or retesting support at entry levels before continuation.
This trade aims to capture momentum from a breakout while managing risk with a well-placed stop loss.
XAUUSD
XAUUSD
XAUUSD
XAUUSD
XAUUSD
XAUUSD
XAUUSD
XAUUSD
XAUUSD
XAUUSD
XAUUSD
XAUUSD
XAUUSD
This trade is based on price action around a descending trendline and key resistance levels, aiming for a potential breakout or rejection move.
Trade Setup:
Entry Zone: Around 2,919 - 2,923, where price is testing the trendline and resistance area.
Stop Loss: Placed at 2,906 to protect against downside risk if price fails to break resistance.
Take Profit Target: 2,941 - 2,943, aligning with a major resistance level above.
Market Outlook & Strategy:
Bullish Bias: If price breaks the trendline and holds above the resistance zone, it confirms a bullish move toward the take profit zone.
Bearish Risk: If price gets rejected at the trendline, a potential reversal could occur, leading to lower support zones.
Confirmation Needed: A strong bullish candle closing above resistance or retesting support at entry levels before continuation.
This trade aims to capture momentum from a breakout while managing risk with a well-placed stop loss.
註釋
I'm Waiting for trend breakout on 1h timeframe to enter註釋
TRADE NOT ACTIVE YET WATCH OUT NEWS COMING IN LIKE 30 MINUTES 取消訂單
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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。