Entry Zone: Around $3,312 – $3,316 The price has hit a demand zone (grey + blue highlighted area), indicating a potential reversal/bounce point. Stop Loss (SL): Just below $3,300 The red zone below the entry suggests risk is managed tightly — stopping out if the price breaks the demand zone. Take Profit (TP): Around $3,351 – $3,356 The green target zone marks...
📌 Key Observations: 🔴 Supply Zone: 0.89180 – 0.89489 (approx) Marked by the olive green box and red SL zone. Price previously touched this zone → strong rejection → created a valid Supply Zone. 🔹Resistance Flip at 0.88800: Clearly respected on retest after the drop. Price came back to retest this area and failed to close above it — confirming it as a strong...
Gold shows a strong intraday rejection from a clearly defined supply zone (marked in green) between 3351.80 and 3354.89. Price is currently reacting and showing signs of exhaustion near resistance. 🧠 Smart Money Concept in Play: A liquidity sweep already occurred at the top. Aggressive wicks into the supply zone, followed by immediate rejection, signal...
this is my selling idea you can follow in demo regards
🔍 Technical Breakdown: The current market structure on Gold (XAUUSD) is forming a rising wedge, which often signals a potential bearish reversal. Here's a breakdown of the setup: 🔹 Price Action: We observe a clean ascending structure, with price respecting higher lows. Price is approaching a strong resistance zone marked around 3242-3246 (red box area), a key...
This chart presents a bearish setup on EUR/USD after price tapped into a strong supply zone, aligning with previous liquidity grab and resistance levels. The trade idea anticipates a reversal from the top and a potential short entry for intraday traders. 🔸 Key Zones: 🔴 Supply Zone: Around 1.10880–1.10930, marked by the red zone. Price recently tested this area...
QML BASES IN HIGHER TIME FRAMES NOT RECOMMENDED... JUST FOR LEARNING PURPOSE
we will enter after bullish Breakout and test the level 2 in Elliott wave theory.originally I am finding a selling entry...