Bias: BULLISH due to price trading inside 1hr +NWOG (new week opening gap)
Entry model: Bull unicorn model created after price tapped into 1hr +NWOG. Confirmed with a +BB (breaker block), stop hunt, displacement thru +BB w/ FVG
Left chart shows entry model targeting equal highs created during London morning session which I use as buy side liquidity which gives...
Daily bias: Bullish due to the 1hr NWOG that was created on Friday
Trade info:
- Price trades down into 1hr +NWOG
- Creates a 5min bull unicorn model
- I enter as price trades back down into the breaker block (BB) and target +2r profit
- Hits my +2r TP perfectly and falls back down
Let me know if this trade review helps and if you want more trade reviews.
Price currently trading at premium levels on the daily time frame according to our premium/discount tool.
Price seems to have exhausted its liquidity supply and created a 4hr BEAR break of structure (BOS) + displacement to the downside.
I will be entering once price retraces back into our bear breakerblock or the .75% fib level, targeting equal lows + daily FVG...
As you can see in the chart, I have highlighted the DR (dealing range).
At the moment, GOLD is currently trading at a deep DISCOUNT providing a great opportunity to look for longs. For my trade requirements, I will be waiting for LTF bull BOS to the upside and then I will be entering on a retracement back to the downside before capturing the liquidity resting...
