Gold bearish setup on 1H(look for break to trigger setup)
Updated
As my previous published idea, gold has directly hit the daily supply zone. But we need to see the reverse pattern on 60 minutes.
Just patiently wait, if the violation happens, short setup will be trigger.
Just patiently wait, if the violation happens, short setup will be trigger.
Comment
It fell into my scenario 1.Comment
Triggered
Comment
I reviewed the chart, momentum is still strong. the upper zone short setup reduces the risk. This is a quick range short setup.
Comment
I'm a bit conservative. Entry should be lower to get the order filled. But it's something we as a trader have to face everyday.
Trade active
Order got hitTrade closed: target reached
target got hit the next hour. It's a quick trade.Comment
This is the follow up image.
plan your trade and trade your plan
Related publications
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.