hello dear friends.
the 4 hour time frame chart is showing a channel to the upside but there is 2 areas and prices that should be noticed which are 1780 and 1760
if you are a long term trader you have to wait for the test or breakout of these 2 areas and for the short term and day traders its like stop loss and take profit zone.
i do trade both the long term and the short term today i'm just waiting for the chart to reveal a good opportunity and i will share it here and update the post.
LIKE AND FOLLOW to not miss the signal.
if you have any question or suggestions please let me know in the comments section.
thanks 🙏
the 4 hour time frame chart is showing a channel to the upside but there is 2 areas and prices that should be noticed which are 1780 and 1760
if you are a long term trader you have to wait for the test or breakout of these 2 areas and for the short term and day traders its like stop loss and take profit zone.
i do trade both the long term and the short term today i'm just waiting for the chart to reveal a good opportunity and i will share it here and update the post.
LIKE AND FOLLOW to not miss the signal.
if you have any question or suggestions please let me know in the comments section.
thanks 🙏
Note
15 minute chart is ranging between 1770 and 1776 the 15 minute and 1 hour chart is always the best timeframes for entry
Note
this is what i expect from the market for todayNote
I already have 1 pending short position from yesterday with the target of 1760 so i don't want to risk more.
but for those who wants to do short term trades open 5 min chart and sell the higher lows. with tight stop loss
Trade active
Todays signal careful this one seems to be risky
Note
Gold sellgood opportunity Risk/Reward 1/8
Note
60+ running in profit more like a sniper entry
Trade closed manually
close the sell position in the entry zonemarket is not stable
we'll enter later
we have no open trades
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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.