Given the bearish engulfing displayed on Friday NFP I will be setting my SELL LIMITS at the top of the Fair Value Gap/Imbalance, and SL just above the swing high. BUY LIMITS are set at the 4H Order Block that has yet to be mitigated. Both are decent RR trades.
Please note that this is not financial advise, and is just merely the setups I am looking at taking in the week ahead on XAUUSD.
Please note that this is not financial advise, and is just merely the setups I am looking at taking in the week ahead on XAUUSD.
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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.