Good time for GOLD SHORTS
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 our take profit for a risk to reward ratio of 1:3rr.
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 our take profit for a risk to reward ratio of 1:3rr.
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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.
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.