XAUUSD 1. Mode! via 4H
Which mode is the market currently in?
—Buy Mode!
2. Execute! via 15M
Entry— 2674.48
SL— 2673.48
TP— 2704.48
Note
Thesis:To the left of the vertical line is a buyside "liquidity candle" and as such I look to position myself to the buyside. The candle itself was worth testing its validity and it is profitable as of now. I have set SL to BE already to mitigate losses. I scaled down to the 15M and searched for the low(s) to look to enter from. Level 1 hit and pushed instantly. I was late to the entry and also to posting it, was distracted. But so far so good.
Trust and Patience!
Trade closed: stop reached
Trailing Stop.Stopped in profit at 2680.48.
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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.