SHORT TERM TRADE
Price continues to rally in H1 beyond target profit price.
https://www.tradingview.com/x/LRgtfR84/
Hence, to target another LONG trade in H1 before price is near another supply zone
Price continues to rally in H1 beyond target profit price.
https://www.tradingview.com/x/LRgtfR84/
Hence, to target another LONG trade in H1 before price is near another supply zone
Trade closed: stop reached
H1 trade did not work out as price pierced deeper and hits SL before rallying up.Need to observe and confirm my analysis that XAUUSD will continue to rally (in H1) before hitting HTF supply zone, thus activating the SELL limit order on the HTF.
Note
Price touched a H4 demand zone and rallied up!Note
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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.