I'm providing here for XAUUSD (Gold) on the 1-hour timeframe, here's a suggested trading plan using the visible trend and projection:
Buy Entry Point
Current market price: $3,208.78/3210
Take Profit (TP) Levels
1. TP1: $3,240 – First resistance area before breakout
2. TP2: $3,3280 – Key level in the projected bullish move
3. TP3: $3,370 – Top of the green projection box
4. TP4 (Optional): $3,436 – Running month high point (higher reward target)
5. TP5 (Aggressive): $3,500 – All-time high
Stop Loss (SL) Options
We have two key support levels to base our stop loss:
1. Conservative SL: $3,156 – Below the structure low and start of the upward trend line
2. Tighter SL: $3,137 –
3. Aggressive SL: $3,125 – Below recent low, but risks a deeper pullback
Risk-Reward Suggestion
With entry at around $3,208 and SL at $3,156:
TP1 (3,250): ~1:1 R:R
TP2 (3,325): ~2:1 R:R
TP3 (3,370): ~3:1 R:R
Buy Entry Point
Current market price: $3,208.78/3210
Take Profit (TP) Levels
1. TP1: $3,240 – First resistance area before breakout
2. TP2: $3,3280 – Key level in the projected bullish move
3. TP3: $3,370 – Top of the green projection box
4. TP4 (Optional): $3,436 – Running month high point (higher reward target)
5. TP5 (Aggressive): $3,500 – All-time high
Stop Loss (SL) Options
We have two key support levels to base our stop loss:
1. Conservative SL: $3,156 – Below the structure low and start of the upward trend line
2. Tighter SL: $3,137 –
3. Aggressive SL: $3,125 – Below recent low, but risks a deeper pullback
Risk-Reward Suggestion
With entry at around $3,208 and SL at $3,156:
TP1 (3,250): ~1:1 R:R
TP2 (3,325): ~2:1 R:R
TP3 (3,370): ~3:1 R:R
Trade active
Running 400 pips Trade closed: target reached
Target 2 successful 720 pips JOIN FREE SIGNALS TELEGRAM
t.me/forexsupppar1
FOREX MARKET ANALYSIS AND IDEAS
8 YEARS EXPERIENCE IN THIS FIELD
t.me/forexsupppar1
FOREX MARKET ANALYSIS AND IDEAS
8 YEARS EXPERIENCE IN THIS FIELD
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.
JOIN FREE SIGNALS TELEGRAM
t.me/forexsupppar1
FOREX MARKET ANALYSIS AND IDEAS
8 YEARS EXPERIENCE IN THIS FIELD
t.me/forexsupppar1
FOREX MARKET ANALYSIS AND IDEAS
8 YEARS EXPERIENCE IN THIS FIELD
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.