TheForexSamurai

GOLD H4 - LONG trade opportunity with APFs, structure base...

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
A potential long trade opportunity here with 2 upcoming APFs completion (cypher and butterfly). Better wait for confirmation or enter aggressively with buffered SL. TP, SL, setup POR, and Entry in the PRZ as seen in the chart. Good luck and trade responsibly.

Legends:

Blue line: Aggressive entry order
Gray Zone: Potential Reversal Zone (PRZ) - zone of interest to look for a trade
Red dotted line: Stop-loss order
Red dash line: Setup point of ruin (POR) @ 1.13
Green line: Target profit order (TP1 @ 0.382/TP2 @ 0.618)

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