Confirmations: - Price broke respectable down trending 4H line - Fib Zone entry - Oversold via Stoch RSI on 4H- 1H TFs - 1:3 RR (due to spread, made 2.6R) Notes: - Trade lasted roughly 26 hours - Less than 5 pips in drawdown - TP hit (pulled out 4 pips early) but I overthought a reversal to BE which would’ve still won 1R
Confirmations: - price has broken and retested a previous channel - Price is overbought via the Hourly TFs - Price has retraced back into a fibonacci gold zone - Strong 1:2 RR situation Edit: - SL 25 pips TP 60 pips
Confirmations: - Price has retraced back to the trend line - Fibonacci Gold Zone Entry - Price Oversold via Stoch RSI - 1:3 RR
Confirmations: - Price has broken and retested a strong daily trendline - price overbought via the hourly timeframe - Nice 1:3 RR scenario - Fib gold zone entry
Confirmations: - Price had broken and retested a strong hourly down trending line - Gold zone fib retracement - Price oversold via RSI - 1:3 RR Extra Info: - H1 TF - specifically 61.8 retracement - entry was between 8-9 AM CT
Confirmations: - Price at trend line - Price in Fib Gold Zone - Oversold RSI - 1:3 RR Extra Info: - price consolidated around gold zone for hours to days before significant push - in real time, it would've taken about a little over 6 days for price to reach the roughly 120 pip TP - goes to show that price still goes in the direction I predict even in the case...
Confirmations: - price at Hourly Trend Line (strong previously respected) - price overbought via RSI - 1:3 RR Extra info: - entry would've been b/w 10pm-midnight CT - trade would've lasted 24 hrs to hit the roughly 50 pip TP
Looking to sell gold to at least the H1 support. It is overbought at an H4/D key level of resistance w/ numerous bearish patterns forming on H4-5 min. looking to maximizing profits through all these patterns.
1) Price at Daily Gold Zone. 2) Price oversold on Daily & 4H. 3) Price broke & retested minute TF 4) Trend line/ bearish flag pattern. 5) 1:2+ RR (new needed RR for XAUUSD only) 6) 30 min. Gold zone entry Waiting for price to form double top on the 30 min. before entry!
- Price is at a Daily resistance zone - price is very overbought on larger timeframes via RSI - on the smaller time frame, a head and shoulders pattern is forming which is an indication of a reversal - currently waiting for price to complete head and shoulders while simultaneously breaking the bullish trend on the smaller timeframe
Move 1 - SELL: - price was at 4H trend line - double top was being formed - price at key fib level - price overbought on RSI - sniper entry based on the average of the lowest & highest points price reached at resistance Move 2 - BUY: - price at key resistance level - fib gold zone level reached - oversold RSI - price was forming head and shoulders and up to...
- price at 1H/ 30 min. trend line - oversold RSI - fib level entry - 1:3 RR —->100 pips in less than 2 hrs
Confirmations: - price broke daily trend line structure - price broke & retested 4h triangle - fib gold zone entry - oversold price via RSI - 1:3 RR bonus: - good multi time frame analysis example
Setup that initially kept stopping me out due to a low placed stop loss via my 4H timeframe entry. There were red flag news which could’ve caused the wicks that were hitting my stop. Overall, from this trade I see that gold zone entries are the most ideal & the stop loss has to have enough of a cushion under the gold zone yet still about a 1:3 RR to be valid for a...
- break and retest of daily trend line - oversold market via RSI - key fib level entry - 1:3 R/R ratio - 70+ pip trade (Missed trade, wasn’t on device when price was at entry, but the move was successfully predicted nevertheless)
- break & retest of 1H/4H down trend line - gold zone entry - 1:7+ RR = 25pip SL & 190 pip TP considering level where market started retracing - oversold price via RSI
- price at daily trend line - overbought price via RSI on large time frames - 1:8 RR -no red flag news