GOLD LONG IDEA
This week has been a bit of a tough one for traders, but with good risk management systems in place, we would always still have an edge.
Gold is moving from an IRL (Internal Range liquidity) in this context {4H FVG} to an ERL (External Range liquidity) {Swing high]
An extra confirmation has been received by a break to the upside of the bullish OB on the 5min TF
The whole move will be about 5R but I'll be opening two positions, one 2R and the other 5R.
Trade with a manageable risk.
Gold is moving from an IRL (Internal Range liquidity) in this context {4H FVG} to an ERL (External Range liquidity) {Swing high]
An extra confirmation has been received by a break to the upside of the bullish OB on the 5min TF
The whole move will be about 5R but I'll be opening two positions, one 2R and the other 5R.
Trade with a manageable risk.
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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.