H4 XAUUSD BUY IDEA

7 Ağu 2024

H4 XAUUSD
0400 HRS OB 7TH AUGUST.
Waiting for OB to be obeyed.

Take entries on M1-M3 upon Break Retest of the OB at
6:45-8AM,
8:45-10AM,
1045-1200 NOON,
1645-18 PM,
1845-20PM,
2045-10PM EAT.

Risk up to 1% per set up.
SL 30 pips or 30-60 pips for entries past 20 PM EAT.

Swing Targets 2458.1, 2565.5.

8 Ağu 2024

Not

Trade activated at 2392

13 Ağu 2024

Not

tp1 hit +800 pips

13 Ağu 2024

Not

Waiting for OB to be obeyed.

Take entries upon H4 Breakout of the OB on M1, M2 & M4 using Break Retest entries.
Take entries upon H4 Break Retest of the OB on M1, M2 & M4 using Break Retest entries.

Trading time:
6:42-8AM,
8:42-1018AM,
1042-1200 NOON,
1642-1818 PM,
1842-20PM,
2042-1018PM EAT.

Entry timeframe:
M1
M2
M4

You can take entries on Break Retest FIBO 50 or 75 levels once the current swing completes by retesting EMA; and starts a new swing on the trend direction as long as H4 is still trending.

Risk up to 1% per set up.
SL 30 pips or 30-60 pips for entries held past 20 PM EAT and haven't hit RR3. Move SL from 60 pips back to 30 at 9AM EAT.