Micro Gold Futures - Long 4H, Previous Price Action MirroringTrade Setup: Continuation to a range fill
Entry Setup: Previous low breakout OR flip depends on how steep the bottom wick is of next 1H is.
Entry Price: not filled yet
SL: 2728 (bellow previous 4H low)
TP: 2746 (next major support level, there is an option to take profit on daily flip 2748.9)
SL TO B/E: Moving SL to breakeven when price will tap 2744 as it is a minor support.
I think that there is a high chance that price will tap 2746 level before making any other move:
1.We are mirroring the move from 22 October.
2.Daily candle does not have top wick.
3.Even if price continue down bellow 2729 level, i think we need to tap 2746 as a liquidity grab before heading further down.
Did not entered yet, Waiting for next 1H to provide a entry setup.
