🔻 XAUUSD 15M – Precision Short Setup 🔻
Spotted a high-probability short opportunity on XAUUSD using a clean market structure and supply zone analysis. After a bullish retracement, price tapped into the supply zone at 2869.88, showing signs of rejection and potential for a downward move. This aligns with the current bearish momentum on the lower timeframes.
📈 Entry: 2869.35
❌ Stop-Loss: 2873.00 (Above the supply zone to protect against false breakouts)
✅ Take-Profit: 2856.00 (Targeting recent lows for optimal risk-to-reward)
Analysis:
Price is reacting to a key supply area, indicating a possible shift in momentum. The rejection at this level suggests that liquidity above the recent highs has been grabbed, paving the way for a move lower. With a solid risk-to-reward setup, this trade targets the next significant support zone.
Risk Management:
Maintaining a disciplined stop-loss to protect capital while allowing room for price fluctuations. The trade offers a favorable R:R ratio, aligning with my trading strategy based on smart money concepts.
💬 Drop your thoughts below and let me know how you see this playing out! 👇
Spotted a high-probability short opportunity on XAUUSD using a clean market structure and supply zone analysis. After a bullish retracement, price tapped into the supply zone at 2869.88, showing signs of rejection and potential for a downward move. This aligns with the current bearish momentum on the lower timeframes.
📈 Entry: 2869.35
❌ Stop-Loss: 2873.00 (Above the supply zone to protect against false breakouts)
✅ Take-Profit: 2856.00 (Targeting recent lows for optimal risk-to-reward)
Analysis:
Price is reacting to a key supply area, indicating a possible shift in momentum. The rejection at this level suggests that liquidity above the recent highs has been grabbed, paving the way for a move lower. With a solid risk-to-reward setup, this trade targets the next significant support zone.
Risk Management:
Maintaining a disciplined stop-loss to protect capital while allowing room for price fluctuations. The trade offers a favorable R:R ratio, aligning with my trading strategy based on smart money concepts.
💬 Drop your thoughts below and let me know how you see this playing out! 👇
Trade active
Trade closed: target reached
yep. easy 1-4.5 RR
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.
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.