📊 GOLD 15M – Perfect Trade Execution
🔑 What Happened
1. ChoCh + BOS → Confirmed the change of character and break of structure.
2. Break of Resistance Zone → Price broke above the key resistance area with strong bullish pressure.
3. Fake Out + Rejection → Liquidity grab (fake out) followed by rejection validated the entry.
4. Bullish Impulse → Price launched directly toward the 3,860 target, surpassing the projection.
🎯 Result
• Entry: At the rejection after the fake out.
• TP (Take Profit): 3,860 → hit with strength 🚀.
• Momentum: Strong bullish continuation creating new Higher Highs (HH).
GOOD JOB TRADERS….. ;)
📌 SMC Lesson
Patience is key — waiting for confirmation at the rejection after manipulation (fake out) separates a forced trade from a clean institutional setup.
🔑 What Happened
1. ChoCh + BOS → Confirmed the change of character and break of structure.
2. Break of Resistance Zone → Price broke above the key resistance area with strong bullish pressure.
3. Fake Out + Rejection → Liquidity grab (fake out) followed by rejection validated the entry.
4. Bullish Impulse → Price launched directly toward the 3,860 target, surpassing the projection.
🎯 Result
• Entry: At the rejection after the fake out.
• TP (Take Profit): 3,860 → hit with strength 🚀.
• Momentum: Strong bullish continuation creating new Higher Highs (HH).
GOOD JOB TRADERS….. ;)
📌 SMC Lesson
Patience is key — waiting for confirmation at the rejection after manipulation (fake out) separates a forced trade from a clean institutional setup.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.