XAU-USD BUY OPPOTUNITY .
Updated
https://www.tradingview.com/x/89xNrdHc/
Description
A POTENTIAL PULL BACK TRADE !
This trade is not aligned with overall daily or 4hr bearish momentum as seen on last week but however a potential of pull back is seen for this week.
As of early morning today the 4hr candle has broken a fractal zone , signaling us a probability of CHoCH , ( change of character ).
It is also on very strong demand zone on Weekly TF.
The idea is to go with the probability of the trade , trade will be monitored as there the overall swing is still bearish in 4hr it can very much retrace from any of supply zone , so trade should be monitored throughout if it is active.
Manage risk !
Description
A POTENTIAL PULL BACK TRADE !
This trade is not aligned with overall daily or 4hr bearish momentum as seen on last week but however a potential of pull back is seen for this week.
As of early morning today the 4hr candle has broken a fractal zone , signaling us a probability of CHoCH , ( change of character ).
It is also on very strong demand zone on Weekly TF.
The idea is to go with the probability of the trade , trade will be monitored as there the overall swing is still bearish in 4hr it can very much retrace from any of supply zone , so trade should be monitored throughout if it is active.
Manage risk !
Trade active
Trade 1 TP HIT !!!
Note
TP 1 HIT closing the trade manually ! Trade closed manually
Note
Done for the day. Note
Trade closed manually but great push upwards.
Note
50% marked on DTF reach can see some sell opps now.
Note
price nearing a key area now.
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