XAUUSD - Gold M15 Short Position
On H4 Gold is in a Bullish market structure and now it is about to be broken, if the price respects this M15 orderblock and turns. This is an intraday short position, and my target is the Asia High first, then Asia mid. London session made a manipulation upwards and NY session is about to make the distribution to the right direction.
After reaching RR 1:1 i always move SL to entry making the trade risk free.
On H4 Gold is in a Bullish market structure and now it is about to be broken, if the price respects this M15 orderblock and turns. This is an intraday short position, and my target is the Asia High first, then Asia mid. London session made a manipulation upwards and NY session is about to make the distribution to the right direction.
After reaching RR 1:1 i always move SL to entry making the trade risk free.
Trade active
1,5% or 1:1,5 RR reachedNote
2% or 1:2 RR reachedTrade active
3,5% or 1:3,5 RR reachedTrade active
4% or 1:4 RR reachedTrade active
5% or 1:5 RR reached, taking partial profitsTrade active
6% or 1:6 RR reached, move SL to 1:4 and take some profit!Trade closed: target reached
All targets except Asia low has been hit.
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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.