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Ya'll ready to turn some Gold into some Green? Let's get to it. Gold has been in an uptrend for a while now. We are currently looking for some consolidation to give us a fresh long entry.
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STRATEGY USED: Momentum Mover
Trend Confirmation = Fractal Trend
Entry Signal = Breakaway Scalper
Exit Signal = Breakaway Scalper OR Orderblock Mapping
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1. Fractal Trend is showing an uptrend (Green background color) for GOLD on the 1 hour chart.
2. With this strategy, we want to take long positions ONLY when Fractal Trend signals an uptrend AND then Breakaway Scalper signals a long entry in the uptrend by showing a Green bar color.
3. We just saw a reaction off of R1 resistance, giving us what looks to be at least a temporary double top.
4. Currently we are looking for a reaction at the bullish orderblocks at S1 where we hope to see Breakaway Scalper signal a long entry.
5. If S1 can't hold, we will be looking at S2 and S3 for support as well.
Like and Follow to help us grow family! 🎉
---
Ya'll ready to turn some Gold into some Green? Let's get to it. Gold has been in an uptrend for a while now. We are currently looking for some consolidation to give us a fresh long entry.
---
STRATEGY USED: Momentum Mover
Trend Confirmation = Fractal Trend
Entry Signal = Breakaway Scalper
Exit Signal = Breakaway Scalper OR Orderblock Mapping
---
1. Fractal Trend is showing an uptrend (Green background color) for GOLD on the 1 hour chart.
2. With this strategy, we want to take long positions ONLY when Fractal Trend signals an uptrend AND then Breakaway Scalper signals a long entry in the uptrend by showing a Green bar color.
3. We just saw a reaction off of R1 resistance, giving us what looks to be at least a temporary double top.
4. Currently we are looking for a reaction at the bullish orderblocks at S1 where we hope to see Breakaway Scalper signal a long entry.
5. If S1 can't hold, we will be looking at S2 and S3 for support as well.
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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.