conditional scalping forecast gold M15
Updated
D1: downtrend
H4: downtrend
H1: double bottom, possible for LONG in lower timeframes
M15: i can identify a potential line for change of character (choch) where price will change from downtrend to uptrend in smaller timeframes.
we will take a LONG entry on the FVG area.
condition to take a LONG entry:
1. price break choch line at 1921.253
2. once this happened, put BUY LIMIT at 1917.273 and 1916.343, target TP1 is 1928, target TP2 is 1937.68, and SL is 1914.950
3. price back to the double bottom area and rejected the support area. then it will fly temporarily to TP1 / TP2.
H4: downtrend
H1: double bottom, possible for LONG in lower timeframes
M15: i can identify a potential line for change of character (choch) where price will change from downtrend to uptrend in smaller timeframes.
we will take a LONG entry on the FVG area.
condition to take a LONG entry:
1. price break choch line at 1921.253
2. once this happened, put BUY LIMIT at 1917.273 and 1916.343, target TP1 is 1928, target TP2 is 1937.68, and SL is 1914.950
3. price back to the double bottom area and rejected the support area. then it will fly temporarily to TP1 / TP2.
Note
market follows my prediction. TP1 is almost reached.Trade closed: target reached
TP
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