XAU SHORT
Price reached a 4 Hours Order Block and it has completed a Cypher geometric pattern that shows potential reversal.
ENTRY ZONE - is the 4H order block area.
We need to wait for the following:
1- price has to go at least at 50% into the 4H order block
2 - price has to BOS- break structure downwards in 15 MIN
3 - price has to retrace to at least 38-61% GANN BOX LEVELS
STOP LOSS - either above the previous 15 MIN Higher point OR above the 4H Order Block (the safest).
TARGETS
TP1 - first 15 MIN order block
TP2 - first 4H order block
#SMARTMONEY
#XAUUSD
#INSTITUTIONALLEVELS
ENTRY ZONE - is the 4H order block area.
We need to wait for the following:
1- price has to go at least at 50% into the 4H order block
2 - price has to BOS- break structure downwards in 15 MIN
3 - price has to retrace to at least 38-61% GANN BOX LEVELS
STOP LOSS - either above the previous 15 MIN Higher point OR above the 4H Order Block (the safest).
TARGETS
TP1 - first 15 MIN order block
TP2 - first 4H order block
#SMARTMONEY
#XAUUSD
#INSTITUTIONALLEVELS
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