Bullish Setup with Liquidity Trap and Demand Zone Confirmation.
Updated
In the current market scenario for Gold, we're witnessing a bullish setup on the 1-hour chart. 📈 After trapping early buyers below the trend line liquidity, we're anticipating a price reversal from the confirmed demand zone. This setup is particularly interesting because the target has been set at an impressive $2,763! 💰
This bullish movement is expected to be supported by strong demand, alongside a prior break of structure, which adds to the validity of this setup. 📊 The ideal entry point would be on confirmation at the demand zone, ensuring that you're positioned correctly for the upward movement. To manage risk effectively, it's wise to place your stop-loss orders just below this demand zone. 🚦
Overall, this setup presents a promising opportunity for traders looking to capitalize on potential gains in the Gold market! Happy trading! 🌟
This bullish movement is expected to be supported by strong demand, alongside a prior break of structure, which adds to the validity of this setup. 📊 The ideal entry point would be on confirmation at the demand zone, ensuring that you're positioned correctly for the upward movement. To manage risk effectively, it's wise to place your stop-loss orders just below this demand zone. 🚦
Overall, this setup presents a promising opportunity for traders looking to capitalize on potential gains in the Gold market! Happy trading! 🌟
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trade active buy area first one and masiive entry with 140 pips running
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