Opportunity: Gold Sells.
From this pair I see a SMC trap visible just above the major low, which is also final tp. I see that the POI is at a supply zone, eventhough there is one above it, I believe that this is where price will change. This pair is also in a bearish channel trend on m15. If it does indeed break the supply, we will take the sell at the higher POI(2026-2030). This is especially nice for the scalpers. I have set the following.
Sell limit @ 2019.40
SL@ 2022.84 (34.4 pips)
Tp1@ 2012.40
Tp2@ 2007.40 / 2004.40
Final Tp@ 2001.89
Please use proper risk management. Don't forget to move stoploss to entry once the pair is 50 pips into profits.
Sell limit @ 2019.40
SL@ 2022.84 (34.4 pips)
Tp1@ 2012.40
Tp2@ 2007.40 / 2004.40
Final Tp@ 2001.89
Please use proper risk management. Don't forget to move stoploss to entry once the pair is 50 pips into profits.
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