After yesterday's sell side liquidity grab, Gold created an inducement Level which validates the order block above it hence this sell Setup.
The zone is quite large... Sharpening the entry on the lower time frames could lead to price not tapping into that sharpened lower time frame entry level,.
use proper risk and money management, do not over-Leverage your account (live to trade another day).
A good RRR overall though.
The zone is quite large... Sharpening the entry on the lower time frames could lead to price not tapping into that sharpened lower time frame entry level,.
use proper risk and money management, do not over-Leverage your account (live to trade another day).
A good RRR overall though.
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.
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.