The image you've shared is a screenshot of a price chart for Gold (CFDs on Gold in USD per ounce), displayed on a 30-minute timeframe using TradingView. Here's a quick breakdown of what’s visible:
Key Observations:
1. Instrument & Timeframe:
CFDs on Gold (USD/OZ)
30-minute candles
2. Chart Indicators:
Volume Profile (left vertical bars): Shows where trading activity has been concentrated.
Highlighted yellow zones: Likely indicate areas of high volume or support/resistance zones.
Blue arrows: Seem to illustrate a potential price pattern or movement analysis (e.g., a bearish flag or expected drop).
3. Current Price Action:
Price Levels:
SELL: 3332.00
BUY: 3332.80
Price is bouncing within a range between the yellow zones.
4. Trade Setup (visualized):
Entry Point: Around the middle of the yellow zone at the top.
Stop Loss Zone: The red shaded area above the entry.
Take Profit Zone: The green shaded area below, pointing toward the lower yellow zone.
Interpretation:
This image likely represents a short trade setup:
The trader may be expecting the price to reject from the upper volume area and fall to the lower yellow support zone.
The setup has clearly marked risk-reward parameters (stop loss above the zone, take profit below).
Would you like a more detailed analysis or help calculating risk/reward or projecting possible price levels from this setup?
Key Observations:
1. Instrument & Timeframe:
CFDs on Gold (USD/OZ)
30-minute candles
2. Chart Indicators:
Volume Profile (left vertical bars): Shows where trading activity has been concentrated.
Highlighted yellow zones: Likely indicate areas of high volume or support/resistance zones.
Blue arrows: Seem to illustrate a potential price pattern or movement analysis (e.g., a bearish flag or expected drop).
3. Current Price Action:
Price Levels:
SELL: 3332.00
BUY: 3332.80
Price is bouncing within a range between the yellow zones.
4. Trade Setup (visualized):
Entry Point: Around the middle of the yellow zone at the top.
Stop Loss Zone: The red shaded area above the entry.
Take Profit Zone: The green shaded area below, pointing toward the lower yellow zone.
Interpretation:
This image likely represents a short trade setup:
The trader may be expecting the price to reject from the upper volume area and fall to the lower yellow support zone.
The setup has clearly marked risk-reward parameters (stop loss above the zone, take profit below).
Would you like a more detailed analysis or help calculating risk/reward or projecting possible price levels from this setup?
t.me/+EQ88IkMSUvQwMGJk
Join telegram channel free
t.me/+EQ88IkMSUvQwMGJk
Join telegram channel free
t.me/+EQ88IkMSUvQwMGJk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
t.me/+EQ88IkMSUvQwMGJk
Join telegram channel free
t.me/+EQ88IkMSUvQwMGJk
Join telegram channel free
t.me/+EQ88IkMSUvQwMGJk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.