XAUUSD Short ( High Probabilitie )
Updated
The market structure is bearish on 15m tf and is aiming for the weekly FVG below, Once we get to the weekly FVG will look for buying opportunities, But for now the setup has a very good probabilities to succeed .
Comment
The idea is still valid, Yes we missed entry by few pips but I believe this move will act as a good inducement for buyers, There is tons to stop loss above the recent move down.
I will patiently wait for price to reach the specified area for entry.
Trade active
Triggered...Trade active
Take partials and move SL to BETrade closed manually
Partials taken and BE stop loss hit.
Setup failed due to price discrepancies between Futures and spot market, Which I was not monitoring , The futures did hit the weekly FVG ( Our TP ) and rebound, Were in spot it didn't hit the FVG and we might not visit that area in the near futures.
Now I am looking for long opportunities toward all time high.
Lesson learned : Always keep an eye on futures market too.
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