Gold Spot USD | Bearish Trend
Day Trend : Bearish
15m : Currently Bullish Trend( Supply Zone Mitigation )
after reaching supply zone in 15m, it will likely to sweep entire buyside liquidity, then move towards bearish.
in this process, it can make multiple liquidity sweeps towards bullish trend until it reached to entire buy side liquidity sweep point, then it will grab entire liquidity in buyside and then will make a move towards bearish.
15m : Currently Bullish Trend( Supply Zone Mitigation )
after reaching supply zone in 15m, it will likely to sweep entire buyside liquidity, then move towards bearish.
in this process, it can make multiple liquidity sweeps towards bullish trend until it reached to entire buy side liquidity sweep point, then it will grab entire liquidity in buyside and then will make a move towards bearish.
Trade closed: target reached
15m LQ Sweep aggressive Long Entry reached its target,now we have to wait until market takes entire buyside lq and then based on 15m and 1m confirmations we can take Short Entry
Trade active
NY session took all the buyside LQ.clearly seen 15m LQ sweep > now enter into trade(Short Entry limit order) after 1m bearish confirmation
Note
Stop Loss @2397.94Entry(Limit Order) Triggered @ 2395.27
1st Target : 2385.60
2nd Target : 2377.78
3rd Target : 2369.51
Note
1st Target Reached!
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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.