I’m still holding the same view on gold: it needs to dip before continuing its upward trajectory. This setup is intended as a swing trade, but I’ll be taking multiple quick scalping opportunities along the way.
My Plan: I’ll focus on the bearish 4H Fair Value Gap (FVG), entering the trade as soon as I spot a wick in the 4H chart seeking liquidity from above.
Trade Management:
Take partial profits as soon as we see a decline 📉 Move Stop Loss (SL) to Break Even (BE) after taking the first profit. Capital at Risk: 2% 💼 Risk/Reward Ratio: 4:09 🔥 Let’s see how this works out! 🧐
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.