1:11, long opportunity, anticipating push to upside given recent price action forming on the 4 hour timeframe
Red and Blue zones potential areas of interest for Gold over the long term. Looking to see if we can confirm current support level. Will take long or short position accordingly.
clear bullish market structure with higher highs and higher lows forming on the 45 minute timeframe. Also recent rejection of 61.8 fibonacci level indicating reversal towards upside. Looking for 1:6RR opportunity
1:6, short opportunity, anticipating push to downside given recent flag pattern forming on 4 hour timeframe.
Rejected off 61.8 fib level, respecting dynamic support, clear bullish MS with higher highs and lower lows