Gold has formed a clear MSB, but the weekend gap below cannot be ignored.
Why This Level Matters:
Price broke structure and is now retesting the origin of the move. The weekend gap adds complexity and creates a second high-probability entry zone.
Gameplan / Primary Scenario:
We are dividing the short into two zones. First entry is active immediately at current levels. Second entry sits at the top of the weekend gap if price retraces to fill it. Once the breakdown confirms, we ride the move lower.
If this added value, boost it forward. What are your thoughts?
Swallow Academy
Why This Level Matters:
Price broke structure and is now retesting the origin of the move. The weekend gap adds complexity and creates a second high-probability entry zone.
Gameplan / Primary Scenario:
We are dividing the short into two zones. First entry is active immediately at current levels. Second entry sits at the top of the weekend gap if price retraces to fill it. Once the breakdown confirms, we ride the move lower.
If this added value, boost it forward. What are your thoughts?
Swallow Academy
Trade closed: stop reached
It happens; an unlucky hit of loss here after filling that weekend gap - still thinking of that drop to happen! Will be keeing attentions for the possible breakdown from 4660
Note
one way or another it still went that way)
💎 Telegram:
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
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.
💎 Telegram:
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
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.